Sergei Maystrenko


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Sergei Maystrenko
Location: Kahovka, Ukraine
Activity: Clothing Sales

About the Loan

Loan Amount: $1,200.00
Loan Use: To buy more varied clothes to sell.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 23, 2009
Date Disbursed: Mar 6, 2009
Date Funded:Mar 23, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Ukraine
Avg Annual Income:$8,000.00
Currency:Ukraine Hryvnia (UAH)
Exchange Rate:7.9935 UAH = 1 USD



Sergei is married. He and his wife have one son named Nikita, who is 5 years old. Sergei sells women's clothing. His monthly profit is about 3,000 UAH.

Sergei has been in this business for 7 years. He sells clothing at different markets in the Kherson area. Instead of waiting for clients from the area to come to him, he goes out to small markets and provides clothing for many people there. Sergei is a very entrepreneurial and hard working person. He wants to develop this business even further. His business is the only source of income for his family.

Sergei would like to borrow 9,500 UAH to increase his assortment of clothes. He hopes that more variety will increase his sales and help him take better care of his family.

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Journal entries for Sergei Maystrenko


Loan has been disbursed
 
Entrepreneur: Sergei Maystrenko
Location: Kahovka, Ukraine

Thank you for your loan. It has been disbursed to Sergei Maystrenko by HOPE Ukraine/Nadiya, a partner of HOPE International in Ukraine. We are excited to watch this business grow. Over the 6 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 Kahovka, Ukraine
Mar 24, 2009
Comment on this entry

Business growth
 
Entrepreneur: Sergei Maystrenko
Location: Kahovka, Ukraine

Sergei is happy to inform you that his business has grown and is pretty stable today. His loan money Sergei used to increase the assortment of goods he is selling. Additional income he immediately reinvested into his business. Sergei is greatful to Kiva lenders for such an opportunity to take a loan.


Posted by Olga Lutsenko from Kahovka, Ukraine
Nov 5, 2009
Comment on this entry

Kiva Help Repayment Schedule for Sergei Maystrenko

  Expected Repayments Actual Repayments Comments
June 2009 $200.00 $199.99 Repayment Received
July 2009 $200.00 $200.00 Repayment Received
August 2009 $200.00 $200.00 Repayment Received
September 2009 $200.00 $200.01 Repayment Received
October 2009 $200.00 $200.00 Repayment Received
November 2009 $200.00 $200.00 Repayment Received