Nguyen Thi Bao


Status: Paying Back

$350.00   Loan Amount
42% repaid

About the Entrepreneur

Name: Nguyen Thi Bao
Location: Quang Xuong, Viet Nam
Activity: Grocery Store

About the Loan

Loan Amount: $350.00
Loan Use: To invest in expanding her grocery store business
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 16, 2009
Date Disbursed: May 6, 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



Bảo Nguyễn Thị, 47 years old, lives in the town of Quảng Xương. She is married and has four school-aged children. Bảo owns and operates a business venture in the retail sector, running a general store where she sells food and daily-use products in the local community. Bảo has just started operating this business and earns approximately 1,500,000 VND a month.


In 2008, Bảo joined TYM Fund in order to gain access to financial services so she could help improve her living situation and increase her ability to engage in business activities. Bảo has successfully repaid a previous loan of 5,000,000 VND from TYM Fund. This previous loan was used to purchase additional products to sell.


Bảo is now requesting a new loan of 6,000,000 VND, which will be used to invest in expanding the business. The loan will be the second loan taken out by this borrower from TYM Fund. Bảo plans to use the additional revenue generated from the business to improve and expand her business.


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Journal entries for Nguyen Thi Bao


Loan has been disbursed
 
Entrepreneur: Nguyen Thi Bao
Location: Quang Xuong, Viet Nam

Thank you for your loan. It has been disbursed to Nguyen Thi Bao 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 Nguyen Thi Bao

  Expected Repayments Actual Repayments Comments
July 2009 $21.00 $21.00 Repayment Received
August 2009 $28.00 $28.00 Repayment Received
September 2009 $35.00 $35.00 Repayment Received
October 2009 $28.00 $28.00 Repayment Received
November 2009 $35.00 $35.00 Repayment Received
December 2009 $28.00 Available Dec 1  
January 2010 $28.00 Available Jan 1  
February 2010 $35.00 Available Feb 1  
March 2010 $28.00 Available Mar 1  
April 2010 $28.00 Available Apr 1  
May 2010 $35.00 Available May 1  
June 2010 $21.00 Available Jun 1