Hoang Thi Tung


Status: Paying Back

$525.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Hoang Thi Tung
Location: Quang Xuong, Viet Nam
Activity: Manufacturing

About the Loan

Loan Amount: $525.00
Loan Use: To purchase materials to make mats
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 20, 2009
Date Disbursed: Apr 7, 2009
Date Funded:Apr 20, 2009

About the Country

Country:Viet Nam
Avg Annual Income:$725.00
Currency:Vietnam Dong (VND)
Exchange Rate:17,695.0000 VND = 1 USD



Tùng Hoàng (1402081652) is a 28-year-old female living in the town of Thanh Hoá. She is married and has two infant-aged children. To making a living, Tùng owns & operates a business venture in the manufacturing sector operating a manufacturing business. While not the only means for generating revenue, the main source of income for the business comes primarily from manufacturing & selling generally manufactured products to local businesses and community members. Tùng has been engaged in this business for over five years and earns approximately 2000000 VND a month from these activities.


In 2008, Tùng joined TYM Fund to gain access to financial services to help improve her living situation and ability to engage in business activities. Tùng has successfully repaid a previous loan from TYM Fund. This previous loan was used to purchase raw materials to manufacture additional products. Tùng is now requesting a new loan of 9000000 VND, which will be used to purchase raw materials to manufacture additional products. The loan will be the second loan taken out by the borrower from TYM Fund. Tùng plans to use the additional revenue generated from the business to improve the general living conditions of her family.


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Journal entries for Hoang Thi Tung


Loan has been disbursed
 
Entrepreneur: Hoang Thi Tung
Location: Quang Xuong, Viet Nam

Thank you for your loan. It has been disbursed to Hoang Thi Tung by TYM Fund in Viet Nam. We are excited to watch this business grow. Over the 11 months of this loan, TYM Fund will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Quang Xuong, Viet Nam
Apr 21, 2009
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Kiva Help Repayment Schedule for Hoang Thi Tung

  Expected Repayments Actual Repayments Comments
June 2009 $31.50 $31.47 Repayment Received
July 2009 $42.00 $42.00 Repayment Received
August 2009 $52.50 $52.50 Repayment Received
September 2009 $42.00 $42.03 Repayment Received
October 2009 $42.00 $42.00 Repayment Received
November 2009 $52.50 $52.50 Repayment Received
December 2009 $42.00 Available Dec 1  
January 2010 $42.00 Available Jan 1  
February 2010 $52.50 Available Feb 1  
March 2010 $42.00 Available Mar 1  
April 2010 $42.00 Available Apr 1  
May 2010 $42.00 Available May 1