Funded

Total loan: $1,525
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Sergey


A loan of $1,525 helped to purchase merchandise for his new store.


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 leather accessories repair services. His wife is a KIVA borrower, too. Currently, Sergey has 80,000 Grivnyas in inventory. His income amounts to 15,000 Grivnyas a month.

Sergey is seeking a 12,000 Grivnya loan to purchase merchandise for his new store location. Sergey started his business as a small market vendor 2 years ago. Recently, he switched his sales location from the marketplace to a rented facility in a local mall called "City" in downtown Novomoskovsk. The floor space is about 861 square feet. Sergey works hard to help his family. His 2 year old grandson has a serious blood disorder and Sergey tries to make enough money to supply him with the necessary medication.



Loan details

Loan length:

10 months
Disbursed date: July 23, 2010
Facilitated by Field Partner: HOPE Ukraine, a HOPE International institution

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: July 23, 2010
Facilitated by Field Partner: HOPE Ukraine, a HOPE International institution