Irina Skootelnik

Status: Paid Back

$375.00		Loan Request
$375.00		Paid Back

About the Entrepreneur

Name:	Irina Skootelnik
Location:	Nikolaev, Ukraine
Activity:	Clothing Sales

About the Loan

Loan Amount:	$375.00
Loan Use:	To increase the variety of products
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 Field Partner

Field Partner:

HOPE Ukraine/Nadiya, a partner of HOPE International

Field Partner Risk Rating:

(Learn more)

Active

35 months

1646

$1,482,225

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Ukraine
Avg Annual Income:	$8,000.00
Currency:	Ukraine Hryvnia (UAH)
Exchange Rate:	5.4500 UAH = 1 USD

Irina operates a small business selling children's clothes in Nikolaev, Ukraine. She has an attractively arranged little outdoor kiosk at the Ekur market in Nikolaev where she carries all sorts of necessary items for babies and kids. Irina has been in business for about two years and has developed a stable, profitable enterprise based on products that are always in demand. Her business has become the main source of income for her, her husband Maxim and 6-year-old daughter. In a typical month she makes around $1,000 in income.

Irina's business is growing. She has requested a loan of 2000 Grivnas, $375, to increase her working capital and help boost the further development of her business.

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

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Journal entries for Irina Skootelnik

Loan has been disbursed Entrepreneur: Irina Skootelnik Location: Nikolaev, Ukraine Thank you for your loan. It has been disbursed to Irina Skootelnik 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 Nikolaev, Ukraine Oct 30, 2008
Comment on this entry

Busy holiday season Entrepreneur: Irina Skootelnik Location: Nikolaev, Ukraine Irina has purchased good amount of inventory. She knows the holiday season is always busy and always tries to get prepared for increased demand. This year was very unusual as financial crisis hit every Ukrainian family and less people can now afford to spend as much as they did in previous years. However, Irina’s business runs smooth and is stable and she is hoping to keep it this way.
Posted by Olga Lutsenko from Nikolaev, Ukraine Dec 25, 2008
Comment on this entry

Repayment Schedule for Irina Skootelnik

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	Expected Repayments		Actual Repayments		Comments
February 2009	$187.50		$187.50		Repayment Received
March 2009	$187.50		$187.50		Repayment Received