Maxim Gladchook


Status: Paid Back

$800.00   Loan Request
$800.00   Paid Back

About the Entrepreneur

Name: Maxim Gladchook
Location: Melitopol, Ukraine
Activity: Clothing Sales

About the Loan

Loan Amount: $800.00
Loan Use: Purchase seasonal clothing
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 31, 2007
Date Disbursed: Nov 16, 2007
Date Funded:Nov 2, 2007
Loan Ended:Jul 4, 2008

About the Country

Country:Ukraine
Avg Annual Income:$8,000.00
Currency:Ukraine Hryvnia (UAH)
Exchange Rate:5.0365 UAH = 1 USD



Maxim is married and has one daughter, Anastasia. He and his family live in Melitopol, Ukraine. Maxim started his own small venture after his relatives suggested he should try his luck as a market vendor. Today Maxim runs a small business selling children’s clothing and accessories in the central city market. His vending facility has a very favorable location and offers a large assortment of merchandise, which attracts many customers to his kiosk. Maxim believes that financial support from Nadiya Ukraine has helped him boost his sales and grow his business. After three years in operation, his turnover capital is about $2000, his monthly gross income is around $1200, and his monthly net profit is about $300.



Maxim would like a loan of $800 to purchase inventory wholesale for the fall/winter season. He believes this loan will help him further develop his business and get additional income to improve his family’s living standards.


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Journal entries for Maxim Gladchook


Loan has been disbursed
 
Entrepreneur: Maxim Gladchook
Location: Melitopol, Ukraine

Thank you for your loan. It has been disbursed to Maxim Gladchook by HOPE Intl- Nadiya Ukraine in Ukraine. We are excited to watch this business grow. Over the next 8 - 14 months, HOPE Intl- Nadiya Ukraine will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Anya Elliott from Melitopol, Ukraine
Nov 4, 2007
Comments (9)

Update
 
Entrepreneur: Maxim Gladchook
Location: Melitopol, Ukraine

We would like to inform you that Maxim's business is doing very well! According to his loan officer, Maxim's business has been stable and seen an increase in sales. He is thankful for the opportunity to be a business owner and continually support his family.

Thank you for supporting Maxim!


Posted by Anya Elliott from Melitopol, Ukraine
Mar 30, 2008
Comments (3)

Kiva Help Repayment Schedule for Maxim Gladchook

  Expected Repayments Actual Repayments Comments
February 2008 $100.00 $100.00 Repayment Received
March 2008 $100.00 $100.00 Repayment Received
April 2008 $100.00 $100.00 Repayment Received
May 2008 $100.00 $100.00 Repayment Received
June 2008 $100.00 $100.00 Repayment Received
July 2008 $100.00 $100.00 Repayment Received
August 2008 $100.00 $100.00 Repayment Received
September 2008 $100.00 $100.00 Repayment Received