Alexander Ryabets

Status: Paid Back

$1,000.00		Loan Request
$1,000.00		Paid Back

About the Entrepreneur

Name:	Alexander Ryabets
Location:	Melitopol, Ukraine
Activity:	Retail

About the Loan

Loan Amount:	$1,000.00
Loan Use:	Purchase additional inventory
Repayment Term:	11 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jan 31, 2008
Date Disbursed:	Feb 15, 2008
Date Funded:	Feb 1, 2008
Loan Ended:	Oct 22, 2008

About the Field Partner

Field Partner:

HOPE Ukraine/Nadiya, a partner of HOPE International

Field Partner Risk Rating:

(Learn more)

Active

35 months

1646

$1,482,225

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Ukraine
Avg Annual Income:	$8,000.00
Currency:	Ukraine Hryvnia (UAH)
Exchange Rate:	5.0423 UAH = 1 USD

Alexander is married with one daughter. He and his family live in Melitopol. Alexander runs a small business selling warm, colorful blankets. He has been in this trade for 4 years and his business has proven to be competitive in this commercial sector. Presently, Alexander has about $4000 in inventory. His gross income is about $2000 a month and his net profit is usually about $500 each month.

Alexander has an enterprising spirit. The success he has achieved is a direct result of his hard work and commitment to his business. Today Alexander would like to receive a loan of $1000 to increase his assortment of merchandise so that he can provide more items and better service to his customers. We believe that all the effort Alexander is willing to invest in the improvement of his business and services will help him achieve continued success and enable him to repay this loan on time.

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Melinda
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Kathleen
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Scott & Peg
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Joseph
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Peter
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Greg
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Niki

nicolas

France

Journal entries for Alexander Ryabets

Loan has been disbursed Entrepreneur: Alexander Ryabets Location: Melitopol, Ukraine Thank you for your loan. It has been disbursed to Alexander Ryabets by HOPE Intl- Nadiya Ukraine in Ukraine. We are excited to watch this business grow. Over the next 8 months, HOPE Intl- Nadiya Ukraine will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by Olga Lutsenko from Melitopol, Ukraine Feb 6, 2008
Comment on this entry

Alexander's story Entrepreneur: Alexander Ryabets Location: Melitopol, Ukraine Alexander bought a new kiosk in the market and is planning to open it very soon. He used the loan to improve quality of customer service which is now bringing him enough profit to support his family and develop the enterprise.
Posted by Olga Lutsenko from Melitopol, Ukraine Jul 3, 2008
Comment on this entry

Repayment Schedule for Alexander Ryabets

Show Advanced

	Expected Repayments	Actual Repayments	Comments
May 2008	$125.00	$125.00	Repayment Received
June 2008	$125.00	$125.00	Repayment Received
July 2008	$125.00	$125.00	Repayment Received
August 2008	$125.00	$125.00	Repayment Received
September 2008	$125.00	$125.00	Repayment Received
October 2008	$125.00	$125.00	Repayment Received
November 2008	$125.00	$125.00	Repayment Received
December 2008	$125.00	$125.00	Repayment Received