Olesya Mikitina


Status: Paid Back

$1,100.00   Loan Request
$1,100.00   Paid Back

About the Entrepreneur

Name: Olesya Mikitina
Location: Simferopol, Ukraine
Activity: Retail

About the Loan

Loan Amount: $1,100.00
Loan Use: To increase stock
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 4, 2008
Date Disbursed: Jul 19, 2008
Date Funded:Jul 5, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Ukraine
Avg Annual Income:$8,000.00
Currency:Ukraine Hryvnia (UAH)
Exchange Rate:4.6100 UAH = 1 USD



Olesya is single. She lives in Simferopol, Crimean peninsula, and works in family business selling kitchen appliances and stoves. Olesya believes that one of the biggest advantages of her work is wholesale prices and relevance to the market demand.

Olesya has been in business only for one year. However, her attentiveness and creativity have already helped her develop a good understanding of what her clients need and want. They always feel complimented when she goes out of her way to help them with their selections. This has naturally boosted Olesya’s sales and led to growth in her business. Today Olesya is requesting a loan for 5,000 Grivnas to purchase 10 kitchen exhaust fans that are in high demand this season. The loan will enable her to significantly expand her business by being able to supply new clients. Olesya is hoping to reinvest her income into further expansion of her business and remodeling of her family’s apartment. She believes that consistent growth will help her provide a stable source of income and continue to secure her family’s well-being.

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Journal entries for Olesya Mikitina


Loan has been disbursed
 
Entrepreneur: Olesya Mikitina
Location: Simferopol, Ukraine

Thank you for your loan. It has been disbursed to Olesya Mikitina by HOPE Ukraine/Nadiya, a partner of HOPE International in Ukraine. We are excited to watch this business grow. Over the next 8 months, 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 Olga Lutsenko from Simferopol, Ukraine
Jul 8, 2008
Comments (1)

Kiva Help Repayment Schedule for Olesya Mikitina

  Expected Repayments Actual Repayments Comments
October 2008 $137.50 $138.00 Repayment Received
November 2008 $137.50 $138.00 Repayment Received
December 2008 $137.50 $138.00 Repayment Received
January 2009 $137.50 $136.00 Repayment Received
February 2009 $137.50 $137.50 Repayment Received
March 2009 $137.50 $137.50 Repayment Received
April 2009 $137.50 $137.50 Repayment Received
May 2009 $137.50 $137.50 Repayment Received