Vu Thi Nga


Status: Paying Back

$525.00   Loan Amount
46% repaid

About the Entrepreneur

Name: Vu Thi Nga
Location: Quang Xuong, Viet Nam
Activity: Pigs

About the Loan

Loan Amount: $525.00
Loan Use: To purchase baby livestock to raise and sell in future
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 16, 2009
Date Disbursed: Apr 20, 2009
Date Funded:May 17, 2009

About the Country

Country:Viet Nam
Avg Annual Income:$725.00
Currency:Vietnam Dong (VND)
Exchange Rate:17,755.0000 VND = 1 USD



Nga Vũ Thị is a 43-year-old woman living in the town of Quảng Xương. She is married and has three school-aged children. Nga earns a living by owning and operating a business venture in the agriculture sector, raising livestock. The primary source of income for the business comes primarily from raising pigs for sale. Nga has been engaged in this business for over 10 years and earns approximately 1,800,000 VND a month from these activities.


In 2006, Nga joined TYM Fund in order to gain access to financial services so that she can help improve her living situation and increase her ability to engage in business activities. Nga has successfully repaid a previous loan of 9,000,000 VND from TYM Fund. This previous loan was used to build shelter for the borrower's livestock.


Nga is now requesting a new loan of 9,000,000 VND, which will be used to purchase baby livestock to raise and sell in the future. The loan will be the fourth loan taken out by this borrower from TYM Fund. Nga plans to use the additional revenue generated from the business to improve and expand her business.


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Journal entries for Vu Thi Nga


Loan has been disbursed
 
Entrepreneur: Vu Thi Nga
Location: Quang Xuong, Viet Nam

Thank you for your loan. It has been disbursed to Vu Thi Nga 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
May 18, 2009
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Kiva Help Repayment Schedule for Vu Thi Nga

  Expected Repayments Actual Repayments Comments
July 2009 $52.50 $52.50 Repayment Received
August 2009 $52.50 $52.50 Repayment Received
September 2009 $42.00 $42.00 Repayment Received
October 2009 $52.50 $52.50 Repayment Received
November 2009 $42.00 $42.00 Repayment Received
December 2009 $42.00 Available Dec 1  
January 2010 $52.50 Available Jan 1  
February 2010 $42.00 Available Feb 1  
March 2010 $42.00 Available Mar 1  
April 2010 $42.00 Available Apr 1  
May 2010 $52.50 Available May 1  
June 2010 $10.50 Available Jun 1