Vasyl Enedy


Status: Paying Back

$975.00   Loan Amount
33% repaid

About the Entrepreneur

Name: Vasyl Enedy
Location: Khoost, Ukraine
Activity: Retail

About the Loan

Loan Amount: $975.00
Loan Use: to increase turnover capital
Repayment Term: 5 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 13, 2009
Date Disbursed: Sep 22, 2009
Date Funded:Oct 13, 2009

About the Country

Country:Ukraine
Avg Annual Income:$8,000.00
Currency:Ukraine Hryvnia (UAH)
Exchange Rate:8.2805 UAH = 1 USD



Vasyl is married. He has two daughters. His family of four lives in a town of Khoost, Western Ukraine. Small towns and villages have little to offer to people in Ukraine. Many have hard time finding a decent paying job and remain unemployed. Vasyl realized he had to find a way to feed his family. This is how he ended up being a small market businessman selling household items in the central marketplace of his home town. Vasyl grew his business a lot in the past 7 years due to his scrupulousness and professional accounting skills. Currently, he has 5,000 Grivnyas of income each month.

Vasyl is requesting a loan of 8,000 Grivnyas to increase his turnover capital and diversify his inventory. He realizes retail household items are always in demand which is why they always sell well. Vasyl is hoping to open additional vending location if his business continues to expand at the same pace.



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Journal entries for Vasyl Enedy


Loan has been disbursed
 
Entrepreneur: Vasyl Enedy
Location: Khoost, Ukraine

Thank you for your loan. It has been disbursed to Vasyl Enedy by HOPE Ukraine/Nadiya, a partner of HOPE International in Ukraine. We are excited to watch this business grow. Over the 2 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 Khoost, Ukraine
Oct 14, 2009
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Kiva Help Repayment Schedule for Vasyl Enedy

  Expected Repayments Actual Repayments Comments
December 2009 $325.00 $325.00 Repayment Received
January 2010 $325.00 Available Jan 1  
February 2010 $325.00 Available Feb 1