Valeriy Frolov


Status: Paying Back

$1,200.00   Loan Amount
37% repaid

About the Entrepreneur

Name: Valeriy Frolov
Location: Ordzhonikidze, Ukraine
Activity: Clothing Sales

About the Loan

Loan Amount: $1,200.00
Loan Use: To increase the inventory
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 23, 2009
Date Disbursed: Jul 6, 2009
Date Funded:Jul 27, 2009

About the Country

Country:Ukraine
Avg Annual Income:$8,000.00
Currency:Ukraine Hryvnia (UAH)
Exchange Rate:7.6550 UAH = 1 USD



Valeriy is married with two children. He has his own kiosk at the market where he sells clothing. He has been in this business for six years and his monthly income is 3,000 UAH.

Besides market sales, Valeriy also goes around to neighboring villages in order to be closer to his clients. He has repeat clients that order items for him to bring back.

Valeriy is a responsible and hardworking person. Constant demand motivates him to develop his business further. He would like to borrow 9,000 UAH to increase his inventory. His business goal is to have a small shop with better conditions for his clients.


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Journal entries for Valeriy Frolov


Loan has been disbursed
 
Entrepreneur: Valeriy Frolov
Location: Ordzhonikidze, Ukraine

Thank you for your loan. It has been disbursed to Valeriy Frolov by HOPE Ukraine/Nadiya, a partner of HOPE International in Ukraine. We are excited to watch this business grow. Over the 8 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 Ordzhonikidze, Ukraine
Jul 28, 2009
Comment on this entry

Kiva Help Repayment Schedule for Valeriy Frolov

  Expected Repayments Actual Repayments Comments
October 2009 $150.00 $150.00 Repayment Received
November 2009 $150.00 $150.00 Repayment Received
December 2009 $150.00 $150.00 Repayment Received
January 2010 $150.00 Available Jan 1  
February 2010 $150.00 Available Feb 1  
March 2010 $150.00 Available Mar 1  
April 2010 $150.00 Available Apr 1  
May 2010 $150.00 Available May 1