Olga Melekhina


Status: Paying Back

$1,975.00   Loan Amount
40% repaid

About the Entrepreneur

Name: Olga Melekhina
Location: Pavlograd, Ukraine
Activity: Retail

About the Loan

Loan Amount: $1,975.00
Loan Use: To open a new vending location
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 11, 2009
Date Disbursed: Jun 12, 2009
Date Funded:Jul 13, 2009

About the Country

Country:Ukraine
Avg Annual Income:$8,000.00
Currency:Ukraine Hryvnia (UAH)
Exchange Rate:7.6400 UAH = 1 USD



Olga is a small entrepreneur from Pavlograd where she sells furniture in one of the local malls. She is married and has two daughters who are 22 and 7. Olga’s little store is known for its nice selection of good quality furniture pieces. Moreover, it has a favorable location which makes it very convenient for potential customers. Olga has been in the trade for three years. Her business has grown up to 70,000 Grivnyas in turnover capital. Her monthly profit amounts to 6,000 Grivnyas.

Olga is seeking a loan of 15,000 Grivnyas to open her second vending location. She has proved to be a reliable borrower as she has promptly repaid all previous loans without any delinquencies. Olga is hoping to keep her business sustainable and grow it consistently as she seeks to provide for her family’s needs and make sure they have everything they need.




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Journal entries for Olga Melekhina


Loan has been disbursed
 
Entrepreneur: Olga Melekhina
Location: Pavlograd, Ukraine

Thank you for your loan. It has been disbursed to Olga Melekhina by HOPE Ukraine/Nadiya, a partner of HOPE International in Ukraine. We are excited to watch this business grow. Over the 9 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 Pavlograd, Ukraine
Jul 14, 2009
Comment on this entry

Kiva Help Repayment Schedule for Olga Melekhina

  Expected Repayments Actual Repayments Comments
September 2009 $197.50 $197.50 Repayment Received
October 2009 $197.50 $197.50 Repayment Received
November 2009 $197.50 $197.50 Repayment Received
December 2009 $197.50 $197.50 Repayment Received
January 2010 $197.50 Available Jan 1  
February 2010 $197.50 Available Feb 1  
March 2010 $197.50 Available Mar 1  
April 2010 $197.50 Available Apr 1  
May 2010 $197.50 Available May 1  
June 2010 $197.50 Available Jun 1