Olga Grushetska


Status: Paying Back

$1,025.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Olga Grushetska
Location: Ivano-frankivsk, Ukraine
Activity: Pharmacy

About the Loan

Loan Amount: $1,025.00
Loan Use: to purchase assorted pharmaceuticals
Repayment Term: 5 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 12, 2009
Date Disbursed: Oct 12, 2009
Date Funded:Nov 13, 2009

About the Country

Country:Ukraine
Avg Annual Income:$8,000.00
Currency:Ukraine Hryvnia (UAH)
Exchange Rate:8.1460 UAH = 1 USD



Olga is married with two sons. She runs a pharmaceutical business in Ivano-Frankivsk next to a local children’s hospital. Olga owns 3 small pharmaceutical kiosks and sells medications to retail clients. She launched this business 6 years ago and she currently earns a net profit of 8,000 Grivnyas per month.

Olga is seeking a loan of 8,200 Grivnyas to purchase assorted pharmaceuticals for the cold season when viruses, cold and flu lead to increased spending on medications. Olga’s business is the main source of income for the family and her husband is also actively involved in the business. One day Olga is hoping to continue to develop her business by opening several more pharmaceutical kiosks.



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Journal entries for Olga Grushetska


Loan to Olga Grushetska in Ukraine has been 100% funded
 
Entrepreneur: Olga Grushetska
Location: Ivano-frankivsk, Ukraine

Thanks to you and 34 other Kiva Lenders, the 1025.00 loan requested by Olga Grushetska in Ukraine has been 100% funded. The loan will be used for the purpose of: to purchase assorted pharmaceuticals.

Over the months of this loan, Kiva’s Field Partner in Ukraine, 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 Ivano-frankivsk, Ukraine
Nov 13, 2009
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Kiva Help Repayment Schedule for Olga Grushetska

  Expected Repayments Actual Repayments Comments
January 2010 $341.67 Available Jan 1  
February 2010 $341.66 Available Feb 1  
March 2010 $341.67 Available Mar 1