Valentina Yarchuk


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Entrepreneur

Name: Valentina Yarchuk
Location: Melitopol, Ukraine
Activity: Clothing Sales

About the Loan

Loan Amount: $450.00
Loan Use: to purchase more goods
Repayment Term: 4 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Nov 27, 2008
Date Disbursed: Nov 21, 2008
Date Funded:Nov 28, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Ukraine
Avg Annual Income:$8,000.00
Currency:Ukraine Hryvnia (UAH)
Exchange Rate:5.8280 UAH = 1 USD



Valentina is married and has two grown children. She owns a little kiosk at the central market in Melitopol City. She sells various types of clothing. Some of the advantages of her business are: variety, consistency, and affordable prices.
Valentina has been working in this business for eight years. She is always seeking to grow and develop her business and improve her entrepreneurial skills. Currently, Valentina’s working capital is 10,000 UAH and her monthly gross income is about 4,000 UAH.


Valentina is requesting a loan of 2,500 UAH to purchase more goods for the upcoming winter season. She hopes to increase her income and improve her family’s financial situation.

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


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Journal entries for Valentina Yarchuk


Loan has been disbursed
 
Entrepreneur: Valentina Yarchuk
Location: Melitopol, Ukraine

Thank you for your loan. It has been disbursed to Valentina Yarchuk 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 from Melitopol, Ukraine
Nov 29, 2008
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Kiva Help Repayment Schedule for Valentina Yarchuk

  Expected Repayments Actual Repayments Comments
March 2009 $450.00 $450.00 Repayment Received