Ngô Thị Quang


Status: Paying Back

$675.00   Loan Amount
30% repaid

About the Entrepreneur

Name: Ngô Thị Quang
Location: Do Luong, Viet Nam
Activity: Soft Drinks

About the Loan

Loan Amount: $675.00
Loan Use: To invest in expanding the business.
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 16, 2009
Date Disbursed: Jun 15, 2009
Date Funded:Jul 21, 2009

About the Country

Country:Viet Nam
Avg Annual Income:$725.00
Currency:Vietnam Dong (VND)
Exchange Rate:17,803.0000 VND = 1 USD



Ngô Thị Quang (1826071498) is a 35 year old woman living in the town of Đô Lương. She is married and has 2 school-aged children. To making a living, Quang owns and operates a business venture in the retail sector operating a specialized retail store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling liquor such as beer & wine in the local community. Quang has been engaged in this business for over 5 years and earns approximately 5500000 VND a month from these activities.

In 2007, Quang joined TYM Fund to gain access to financial services to help improve her living situation and ability to engage in business activities. Quang successfully repaid a previous loan of 9000000 VND from TYM Fund. This previous loan was used to purchase additional products to sell. Quang is now requesting a new loan of 12000000 VND which will be used to invest in expanding the business. The loan will be the 3rd loan taken out by the borrower from TYM Fund. Quang plans to use the additional revenue generated from the business to improve/expand her business.


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Journal entries for Ngô Thị Quang


Loan has been disbursed
 
Entrepreneur: Ngô Thị Quang
Location: Do Luong, Viet Nam

Thank you for your loan. It has been disbursed to Ngô Thị Quang 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 Do Luong, Viet Nam
Jul 22, 2009
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Kiva Help Repayment Schedule for Ngô Thị Quang

  Expected Repayments Actual Repayments Comments
September 2009 $81.00 $81.00 Repayment Received
October 2009 $67.50 $67.50 Repayment Received
November 2009 $54.00 $54.00 Repayment Received
December 2009 $54.00 Available Dec 1  
January 2010 $67.50 Available Jan 1  
February 2010 $54.00 Available Feb 1  
March 2010 $54.00 Available Mar 1  
April 2010 $54.00 Available Apr 1  
May 2010 $67.50 Available May 1  
June 2010 $54.00 Available Jun 1  
July 2010 $67.50 Available Jul 1