Alla Mikhailichenko


Status: Paid Back

$575.00   Loan Request
$575.00   Paid Back

About the Entrepreneur

Name: Alla Mikhailichenko
Location: Novomoskovsk, Ukraine
Activity: Clothing Sales

About the Loan

Loan Amount: $575.00
Loan Use: To meet the demand this season
Repayment Term: 5 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 21, 2008
Date Disbursed: Nov 4, 2008
Date Funded:Oct 21, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Ukraine
Avg Annual Income:$8,000.00
Currency:Ukraine Hryvnia (UAH)
Exchange Rate:5.2529 UAH = 1 USD



Alla works in a very successful women's clothing business. She operates a sales location where she offers a selection of trendy jean apparel that is always in demand. Alla's business has a long history. She was able to start this venture 14 years ago and since that time her business has done quite well. She has around $1000 of gross income each month. Alla is quite an entrepreneur and we are happy that she has chosen to apply her talents in a business that helps women be even prettier.

Alla has requested an additional loan of 3000 Grivnas, $575, to give her more working capital to use in her business. It will be exciting to see how Alla's enterprise will continue to grow in the future as she's off to even greater success. The loan will help Alla develop her business and support her family of three.

Note: this is a short term seasonal loan that will be repaid in two months.

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Journal entries for Alla Mikhailichenko


Loan has been disbursed
 
Entrepreneur: Alla Mikhailichenko
Location: Novomoskovsk, Ukraine

Thank you for your loan. It has been disbursed to Alla Mikhailichenko by HOPE Ukraine/Nadiya, a partner of HOPE International in Ukraine. We are excited to watch this business grow. Over the next 2 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 Novomoskovsk, Ukraine
Oct 30, 2008
Comments (1)

Kiva Help Repayment Schedule for Alla Mikhailichenko

  Expected Repayments Actual Repayments Comments
February 2009 $287.50 $287.50 Repayment Received
March 2009 $287.50 $287.50 Repayment Received