Hoàng Thị Ly


Status: Paying Back

$1,125.00   Loan Amount
26% repaid

About the Entrepreneur

Name: Hoàng Thị Ly
Location: Quang Xuong, Viet Nam
Activity: Services

About the Loan

Loan Amount: $1,125.00
Loan Use: To invest in expanding the business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 17, 2009
Date Disbursed: Jun 25, 2009
Date Funded:Jul 18, 2009

About the Country

Country:Viet Nam
Avg Annual Income:$725.00
Currency:Vietnam Dong (VND)
Exchange Rate:17,805.0000 VND = 1 USD



Ly Hoàng Thị (1435050977) is a 25-year-old woman living in the town of Quảng Xương. She is married and has two infant children. To make a living, Ly owns & operates a specialized retail store. While not the only means for generating revenue, the main source of income for the business comes primarily from selling metal & metal-related products in the local community. Ly has been engaged in this business for over six years and earns approximately 6000000 VND a month from these activities.


In 2005, Ly joined TYM Fund to gain access to financial services to help improve her living situation and ability to engage in business activities. Ly has successfully repaid a previous loan of 9000000 VND from TYM Fund. This previous loan was used to purchase additional products to sell. Ly is now requesting a new loan of 20000000 VND, which will be used to invest in expanding the business. The loan will be the fifth loan taken out by the borrower from TYM Fund. Ly plans to use the additional revenue generated from the business to improve/expand her business.


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Journal entries for Hoàng Thị Ly


Loan has been disbursed
 
Entrepreneur: Hoàng Thị Ly
Location: Quang Xuong, Viet Nam

Thank you for your loan. It has been disbursed to Hoàng Thị Ly 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
Jul 19, 2009
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Kiva Help Repayment Schedule for Hoàng Thị Ly

  Expected Repayments Actual Repayments Comments
September 2009 $112.50 $135.00 Repayment Received
October 2009 $90.00 $67.50 Repayment Received
November 2009 $90.00 $90.00 Repayment Received
December 2009 $112.50 Available Dec 1  
January 2010 $90.00 Available Jan 1  
February 2010 $112.50 Available Feb 1  
March 2010 $90.00 Available Mar 1  
April 2010 $90.00 Available Apr 1  
May 2010 $90.00 Available May 1  
June 2010 $112.50 Available Jun 1  
July 2010 $90.00 Available Jul 1  
August 2010 $45.00 Available Aug 1