Boris Savchenko


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Boris Savchenko
Location: Zaporozhye, Ukraine
Activity: Clothing Sales

About the Loan

Loan Amount: $1,200.00
Loan Use: Purchase inventory for expanded sales location
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 28, 2007
Date Disbursed: Sep 14, 2007
Date Funded:Aug 31, 2007
Loan Ended:Mar 15, 2008

About the Country

Country:Ukraine
Avg Annual Income:$8,000.00
Currency:United States Dollars (USD)



Boris decided to begin a small market business after retiring and finding he needed to supplement his small government pension. He’s now been selling for over a decade and has developed a successful business that allows him to provide for himself and his wife. He currently sells practical clothing items such as socks, underwear and women’s lingerie.



Not long ago, the market where Boris is located had some remodeling done and he was able to move to a bigger selling location. He has requested a loan of $1200 to help purchase additional inventory that he can use to fill new retail space. Boris has been a great client with Nadiya Ukraine, developing a reputation of honesty and responsibility and never being late with his loan payments. We are happy for this opportunity to continue assisting Boris with his business.


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Journal entries for Boris Savchenko


Loan has been disbursed
 
Entrepreneur: Boris Savchenko
Location: Zaporozhye, Ukraine

Thank you for your loan. It has been disbursed to Boris Savchenko by HOPE Intl- Nadiya Ukraine in Ukraine. We are excited to watch this business grow. Over the next 6 - 12 months, HOPE Intl- Nadiya Ukraine will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Zaporozhye, Ukraine
Sep 15, 2007
Comments (1)

Update
 
Entrepreneur: Boris Savchenko
Location: Zaporozhye, Ukraine

We would like to share with you that Boris's business is doing very well! Boris has been able to purchase all needed items for repair and maintain ace of his new location at another market. He has seen an increase in his sales and is very glad the move had made a difference in his business.

Thank you for supporting Boris!


Posted by Anya Elliott from Zaporozhye, Ukraine
Feb 12, 2008
Comment on this entry

Kiva Help Repayment Schedule for Boris Savchenko

  Expected Repayments Actual Repayments Comments
December 2007 $200.00 $200.00 Repayment Received
January 2008 $200.00 $200.00 Repayment Received
February 2008 $200.00 $200.00 Repayment Received
March 2008 $200.00 $200.00 Repayment Received
April 2008 $200.00 $200.00 Repayment Received
May 2008 $200.00 $200.00 Repayment Received