Valeriy Karan


Status: Paying Back

$875.00   Loan Amount
68% repaid

About the Entrepreneur

Name: Valeriy Karan
Location: Belaya Tserkov, Ukraine
Activity: Clothing Sales

About the Loan

Loan Amount: $875.00
Loan Use: To purchase seasonal inventory
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 18, 2009
Date Disbursed: May 6, 2009
Date Funded:May 18, 2009

About the Country

Country:Ukraine
Avg Annual Income:$8,000.00
Currency:Ukraine Hryvnia (UAH)
Exchange Rate:7.6200 UAH = 1 USD



Valeriy is married with two children. He sells women's clothing at three small markets in the neighboring cities. He takes all his inventory with him by car and provides local clients with the clothing they need. He has been in this business for four years.

Valeriy has 11,000 UAH invested in his inventory. He sells women's clothing because women buy new clothing more often.

Valeriy is a hardworking person. His goal is to fix his house and take good care of his children. He wants to borrow 6,500 UAH to purchase seasonal inventory. The loan would help Valeriy to increase his sales and reach his goals faster.


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Journal entries for Valeriy Karan


Loan has been disbursed
 
Entrepreneur: Valeriy Karan
Location: Belaya Tserkov, Ukraine

Thank you for your loan. It has been disbursed to Valeriy Karan by HOPE Ukraine/Nadiya, a partner of HOPE International in Ukraine. We are excited to watch this business grow. Over the 7 months of this loan, HOPE Ukraine/Nadiya, a partner of HOPE International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Belaya Tserkov, Ukraine
May 19, 2009
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Kiva Help Repayment Schedule for Valeriy Karan

  Expected Repayments Actual Repayments Comments
August 2009 $164.07 $164.07 Repayment Received
September 2009 $109.38 $109.38 Repayment Received
October 2009 $109.38 $109.38 Repayment Received
November 2009 $109.38 $109.38 Repayment Received
December 2009 $109.38 $109.38 Repayment Received
January 2010 $164.07 Available Jan 1  
February 2010 $109.34 Available Feb 1