Funded

Total loan: $625
Powered by 24 lenders

Olena

Ukraine
Belaya Tserkov, Ukraine / Clothing Sales

A loan of $625 helped to purchase additional merchandise.


Olena's story

Olena is married and has a son. She works hard to be able to provide for her family and pay all the bills, especially in this time of financial crisis in Ukraine. Olena runs a small vending business selling clothing items and footwear in the central market in Belaya Tserkov. She has been in the trade for over 2 and half years. Presently, she has about 15,000 Grivnas invested in inventory. Her net profit exceeds 2,200 Grivnas.

Olena is hoping to use the loan of 5000 Grivnas to purchase additional better quality merchandise at wholesale price which would help her increase proceeds from sales. Olena could double her inventory since she had got her first loan. Moreover, profit generated would help her continue saving for her own housing which has been Olena’s dream for many years.



Loan details

Loan length:

13 months
Disbursed date: February 13, 2009
Facilitated by Field Partner: HOPE Ukraine, a HOPE International institution

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: February 13, 2009
Facilitated by Field Partner: HOPE Ukraine, a HOPE International institution