Arthur Serobyan

Status: Paid Back

$1,200	Loan Request Disbursed : Aug 10, 2007 Listed: Jul 25, 2007 Funded: Jul 27, 2007
$1,200	Paid Back Ended: Jan 31, 2008

About the Field Partner

HOPE Ukraine/Nadiya, a partner of HOPE International administers this loan. Learn more

Field Partner:

HOPE Ukraine/Nadiya, a partner of HOPE International

Field Partner Risk Rating:

(Learn more)

Fundraising Status:

Active

Time on Kiva:

37 months

Kiva Entrepreneurs:

1755

Total Loans:

$1,628,500

Interest & Fees are Charged:

Yes (Learn more)

Portfolio Yield:	38%
Profitability (Return on Assets):	1%
Average Loan Size (% of Per Capita Income):	35%

Delinquency Rate:

0.00%

Default Rate:

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Ukraine
Avg Annual Income:	$8,000
Currency:	United States Dollars (USD)

About the Loan

Location:	Izyum, Ukraine	Repayment Term:	9 months (more info)
Activity:	Services	Repayment Schedule:	Monthly
Loan Use:	Increase capital and buy materials for his shoe design/repair business	Currency Exchange Loss:	N/A
		Default Protection:	Covered

For the past eighteen years, Arthur Serobyan, pictured here on the right with his loan officer, Vladimir, has operated a shoe design and repair business in Izyum, Ukraine. By establishing good relationships with leather manufacturers, Arthur has been able to provide high quality products at low prices. Motivated, focused, and cheerful, Arthur has successfully expanded this family business to provide a consistent and stable income for his wife and daughter.

Arthur has requested a loan of $1200 to increase his working capital and purchase additional materials for his business. With the increased profits, Arthur hopes to open a shoe store and hire some employees to help alleviate the problem of unemployment in his community. Additionally, Arthur would like to complete some much needed repairs on his family’s home.

Lenders to this entrepreneur

Yo
Koto-Ku, Tokyo
Japan

Anonymous

Mary
Leonardtown, MD
United States

Lucie

Prof. Dr.
Seabrook, NH
United States

Meri
Livermore, CA
United States

christabel
the peak, hong kong
Hong Kong

Bruce Chou
Oakdale & Los Angeles & San Jose, CA
United States

LOVEFiLM
London, London
United Kingdom

Gnieppo e Luisa
BESNATE, Varese
Italy

betabrain
Kilchberg,
Switzerland

Leonardo
ROMA, Roma
Italy

Seánan
Blackheath, London
United Kingdom

Denise & Darren
Denver, CO
United States

Marilyn
Vancouver, British Columbia
Canada

Roberta
Lansdowne, VA
United States

...dan...
regina, saskatchewan
Canada

Brett
APO, AE
United States

Dennis
Ulverston, Cumbria
United Kingdom

Daniel
Washington, DC
United States

Journal entries for Arthur Serobyan

Loan has been disbursed Entrepreneur: Arthur Serobyan Location: Izyum, Ukraine Thank you for your loan. It has been disbursed to Arthur Serobyan by HOPE Intl- Nadiya Ukraine in Ukraine. We are excited to watch this business grow. Over the next 6 - 12 months, HOPE Intl- Nadiya Ukraine will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by Olga Lutsenko from Izyum, Ukraine Jul 31, 2007
Comments (1)

Update Entrepreneur: Arthur Serobyan Location: Izyum, Ukraine Arthur has successfully paid his loan back. This loan he used to purchase better quality materials, and increase his inventory. He was able to draw more customers offering new models of shoes. Additional profit he received he used for hiring helper, and making some remodelling in his apartment.
Posted by Olga Lutsenko from Izyum, Ukraine Jun 19, 2009
Comment on this entry

Repayment Schedule for Arthur Serobyan

Show Advanced

	Expected Repayments	Actual Repayments	Comments
October 2007	$0.00	$200.00
November 2007	$200.00	$200.00	Repayment Received
December 2007	$200.00	$200.00	Repayment Received
January 2008	$200.00	$200.00	Repayment Received
February 2008	$200.00	$200.00	Repayment Received
March 2008	$200.00	$200.00	Repayment Received
April 2008	$200.00	$0.00	Repayment Received