Valentina Chudna


Status: Paid Back

$1,050.00   Loan Request
$1,050.00   Paid Back

About the Entrepreneur

Name: Valentina Chudna
Location: Nikopol, Ukraine
Activity: Food Market

About the Loan

Loan Amount: $1,050.00
Loan Use: To open a new vending stand.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 19, 2008
Date Disbursed: Oct 3, 2008
Date Funded:Sep 19, 2008
Loan Ended:May 15, 2009

About the Country

Country:Ukraine
Avg Annual Income:$8,000.00
Currency:Ukraine Hryvnia (UAH)
Exchange Rate:4.8534 UAH = 1 USD



A small entrepreneur from Nikopol, Valentina sells groceries in one of the community markets. She is married with two kids. Valentina started her business two years ago when her children started growing up and had many more needs. She launched her start-up and got straight to work making wholesale purchases and working long hours to sell the stock. Due to her determination she now has about $3000 in turnover capital. Over $4000 is invested in inventory.


Valentina's business can be characterized as growing and stable. Her rich experience working in this sphere has added a lot to this positive standing. We believe Valentina's decisiveness and ultimate focus on success will motivate her to repay the current loan of 5000 Grivnas ($US1,050) on time. The loan will be very beneficial for further expansion she has planned to implement, including opening a new vending stand.


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Journal entries for Valentina Chudna


Loan has been disbursed
 
Entrepreneur: Valentina Chudna
Location: Nikopol, Ukraine

Thank you for your loan. It has been disbursed to Valentina Chudna by HOPE Ukraine/Nadiya, a partner of HOPE International in Ukraine. We are excited to watch this business grow. Over the next 6 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 Nikopol, Ukraine
Sep 22, 2008
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Kiva Help Repayment Schedule for Valentina Chudna

  Expected Repayments Actual Repayments Comments
January 2009 $175.00 $175.00 Repayment Received
February 2009 $175.00 $175.00 Repayment Received
March 2009 $175.00 $175.00 Repayment Received
April 2009 $175.00 $175.00 Repayment Received
May 2009 $175.00 $175.00 Repayment Received
June 2009 $175.00 $175.00 Repayment Received