Mykhaylo Grushetski


Status: Paid Back

$650.00   Loan Request
$650.00   Paid Back

About the Entrepreneur

Name: Mykhaylo Grushetski
Location: Ivano-frankivsk, Ukraine
Activity: Pharmacy

About the Loan

Loan Amount: $650.00
Loan Use: to increase the assortment of medicines
Repayment Term: 8 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Jan 27, 2009
Date Disbursed: Dec 29, 2008
Date Funded:Jan 27, 2009
Loan Ended:Jul 15, 2009

About the Country

Country:Ukraine
Avg Annual Income:$8,000.00
Currency:Ukraine Hryvnia (UAH)
Exchange Rate:7.9095 UAH = 1 USD



Mykhaylo is married with two small sons. He runs a drug store business. Mykhaylo used to work for a government drugstore. Then he decided to start one of his own. Hard work and clear purpose - to provide for his family - made his business grow. Now Mykhaylo has three business locations, one in the city and two in small towns, that provide people with necessary medicine.



Mykhaylo is asking for a loan of 5,000 UAH to increase the assortment of medicines. This business is the only source of income for his family, so Mykhalo wants to run it well.



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Journal entries for Mykhaylo Grushetski


Loan has been disbursed
 
Entrepreneur: Mykhaylo Grushetski
Location: Ivano-frankivsk, Ukraine

Thank you for your loan. It has been disbursed to Mykhaylo Grushetski by HOPE Ukraine/Nadiya, a partner of HOPE International in Ukraine. We are excited to watch this business grow. Over the 5 months of this loan, 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 Ivano-frankivsk, Ukraine
Jan 28, 2009
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Kiva Help Repayment Schedule for Mykhaylo Grushetski

  Expected Repayments Actual Repayments Comments
March 2009 $108.33 $108.33 Repayment Received
April 2009 $0.00 $108.25  
May 2009 $216.66 $108.42 Repayment Received
June 2009 $108.33 $108.33 Repayment Received
August 2009 $216.68 $216.67 Repayment Received