Sergei Ustimenko
Status: Paid Back
| $1,000.00 | Loan Request | |
|---|---|---|
| $1,000.00 | Paid Back |
About the Entrepreneur
| Name: | Sergei Ustimenko |
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| Location: | Zaporozhye, Ukraine |
| Activity: | Retail |
About the Loan
| Loan Amount: | $1,000.00 |
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| Loan Use: | To stock his new vending facility. |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Oct 9, 2008 |
| Date Disbursed: | Oct 23, 2008 |
| Date Funded: | Oct 9, 2008 |
| Loan Ended: | May 15, 2009 |
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: | 1645 |
| Total Loans: | $1,480,500 |
| 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: | 5.0412 UAH = 1 USD |
Sergei is a businessman from Zaporozhye where he started his small enterprise about six years ago. He sells furniture accessories and furnishings in local marketplaces of his home town. Sergei rents two vending kiosks in the biggest markets of Zaporozhye. He also has a hired employee working as his salesman in one of these kiosks. Currently, he has about $4000 in merchandise. His net profit is about $600 a month.
Sergei has just opened a new vending facility. He is planning to stock it with all necessary merchandise and increase his sales as a result. He has perfect credit history with Nadiya Ukraine as he hasn't had a single late payment. We believe financial assistance will promote growth of his business and help him continue expanding his trade in the future.
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Journal entries for Sergei Ustimenko
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Loan has been disbursed
Location: Zaporozhye, Ukraine
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Posted by
Olga Lutsenko from Zaporozhye, Ukraine
Oct 20, 2008 |
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Comment on this entry
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Repayment Schedule for Sergei Ustimenko
Repayment Schedule for Sergei Ustimenko
| Expected Repayments | Actual Repayments | Comments | |||
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| January 2009 | $166.67 | $166.67 |  Repayment Received
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| February 2009 | $166.67 | $166.67 | Repayment Received
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| March 2009 | $166.67 | $166.67 | Repayment Received
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| April 2009 | $166.67 | $166.67 | Repayment Received
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| May 2009 | $166.67 | $166.67 | Repayment Received
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| June 2009 | $166.65 | $166.65 | Repayment Received
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