Total loan: $2,525


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Novomoskovsk, Dnipropetrovsk Oblast, Ukraine / Retail

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A loan helped to increase his range of products.

Sergey's story

Sergey is married with two grown children. He is a businessman from Novomoskovsk. Sergey sells bags, backpacks, suitcases etc. He also offers a leather accessories' repair service. Currently, Sergey has 90,000 Grivnyas in inventory. His income is 8,500 Grivnyas a month. Sergey started his business as a small market vendor 3 years ago. Then he switched his sales location from the marketplace to a rented facility in a local mall called "City" in downtown Novomoskovsk. Sergey has a granddaughter who was born a few months ago. He loves her very much and babysits sometimes. Sergey is seeking a 20,000 Grivnyas loan to increase his product range. He is hoping to receive additional income and to help his child raise his granddaughter.