Vitalyi Mikhailenko
Status: Paid Back
| $550.00 | Loan Request | |
|---|---|---|
| $550.00 | Paid Back |
About the Entrepreneur
| Name: | Vitalyi Mikhailenko |
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| Location: | Nikopol, Ukraine |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $550.00 |
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| Loan Use: | To purchase inventory for a new vending facility |
| Repayment Term: | 4 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 4, 2008 |
| Date Disbursed: | Jul 18, 2008 |
| Date Funded: | Jul 4, 2008 |
| Loan Ended: | Sep 13, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | HOPE Ukraine/Nadiya, a partner of HOPE International |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 35 months |
| Kiva Entrepreneurs: | 1646 |
| Total Loans: | $1,482,225 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Ukraine |
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| Avg Annual Income: | $8,000.00 |
| Currency: | Ukraine Hryvnia (UAH) |
| Exchange Rate: | 4.6100 UAH = 1 USD |
Vitalyi is a married man and a father of two kids. His family lives in Nikipol where he sells assorted children’s wear in the central city market. His business is characterized by nice selection of merchandise and affordable prices. Vitalyi has been working in this trade for 2 years. Currently, his monthly turnover capital is about $1500.
One of Vitalyi’s dreams was to purchase a private house for his family one day. He believed persistent work and higher sales would help him generate enough profit and make enough savings to make this dream come true. His determination was generously repaid and he finally was able to buy a house for his family of 4. Vitalyi is hoping to continue developing his trade with the help of a 2500 Grivna loan.
Note: this is a short term "seasonal" loan that will be repaid in 2 months.
One of Vitalyi’s dreams was to purchase a private house for his family one day. He believed persistent work and higher sales would help him generate enough profit and make enough savings to make this dream come true. His determination was generously repaid and he finally was able to buy a house for his family of 4. Vitalyi is hoping to continue developing his trade with the help of a 2500 Grivna loan.
Note: this is a short term "seasonal" loan that will be repaid in 2 months.
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Journal entries for Vitalyi Mikhailenko
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Loan has been disbursed
Location: Nikopol, Ukraine
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Posted by
Olga Lutsenko from Nikopol, Ukraine
Jul 8, 2008 |
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Comment on this entry
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Repayment Schedule for Vitalyi Mikhailenko
Repayment Schedule for Vitalyi Mikhailenko
| Expected Repayments | Actual Repayments | Comments | |||
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| October 2008 | $275.00 | $275.00 |  Repayment Received
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| November 2008 | $275.00 | $275.00 | Repayment Received
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