Funded

Total loan: $2,525
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Sergey


A loan of $2,525 helped to purchase purses, backpacks and suitcases.


Sergey's story

Sergey needs to buy another inventory of merchandise because he expanded his business and now has two retail outlets. He put his son in charge of the purses department in a Novomoskovsk wholesale center and resumed sales at a market. Having received this loan, Sergey plans to go to a wholesale market in Odessa in his white Volkswagen Kadi, which he uses for his business and family. Together with his wife Yelena, Sergey lives in a private house in a suburb. Their children and grandchildren live with them as well.

Translated from Russian by Kiva volunteer Anna Sorokina-Hailey



Loan details

Loan length:

14 months
Disbursed date: October 12, 2011
Facilitated by Field Partner: HOPE Ukraine, a HOPE International institution

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: October 12, 2011
Facilitated by Field Partner: HOPE Ukraine, a HOPE International institution