Xuan Thi Dam's Group


Status: Paying Back

$1,425.00   Loan Amount
22% repaid

About the Group

Group Name: Xuan Thi Dam's Group
Group Members: Xuan Thi Dam
Man Thi Nguyen
Mien Thi Hoang
Thu Thi Thanh Pham
Van Thi Nguyen
Ha Thi Nguyen
Location: Dong Anh- Ha Noi, Viet Nam
Activity: Cosmetics Sales

About the Loan

Loan Amount: $1,425.00
Loan Use: To invest in her cosmetic shop
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 18, 2009
Date Disbursed: Jul 17, 2009
Date Funded:Aug 21, 2009

About the Country

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



Xuân Thi Đàm was born in 1970. She lives in Ngoc Loi, Duc Tu, Dong Anh, Ha Noi with her husband and two children. Her husband is a worker. Their first son is a carpenter near the house. Xuan has a cosmetic shop in the village. She sells cosmetics, souvenirs and hair fastener.

Xuân is the group leader of a six-member group loan offered by SEDA. While each member of the group receives an individual loan, they all are responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Xuan is now requesting a new loan of 4.142.000 VND (or 230 USD) which will be used to invest in her cosmetic shop.

About the Other Borrowers in the Group:

Mắn Thị Nguyễn was born in 1954. She has two children. Every day, she buys chickens from farmers and resells them in the market. She needs 4.578.000 VND (or 250 USD) to buy more chickens.

Miên Thị Hoàng was born in 1970.She has two children. She sells fresh beer at home. She needs 4.578.000 VND (or 250 USD) to buy chairs and tables.

Thu Thị Thanh Phạm was born in 1970. She has two children. She breeds pigs and poultry. She needs 4.578.000 VND (or 250 USD) to buy food for them.

Vân Thị Nguyễn was born in 1971. She has two children. She sells fish in the market. She needs 4.578.000 VND (or 250 USD) to buy more fish for sale.

Hà Thị Nguyễn was born in 1977. She has two children. Her family has a carpentry workshop at home. She needs 4.578.000 VND (or 250 USD) to buy wood.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Journal entries for Xuan Thi Dam's Group


Loan has been disbursed
 
Entrepreneur: Xuan Thi Dam's Group
Location: Dong Anh- Ha Noi, Viet Nam

Thank you for your loan. It has been disbursed to Xuan Thi Dam's Group, consisting of Xuan Thi Dam, Man Thi Nguyen, Mien Thi Hoang, Thu Thi Thanh Pham, Van Thi Nguyen, Ha Thi Nguyen by SEDA in Viet Nam. We are excited to watch this business grow. Over the 11 months of this loan, SEDA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dong Anh- Ha Noi, Viet Nam
Aug 22, 2009
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Kiva Help Repayment Schedule for Xuan Thi Dam's Group

  Expected Repayments Actual Repayments Comments
October 2009 $171.00 $85.50 Repayment Received
November 2009 $114.00 $114.00 Repayment Received
December 2009 $142.50 $114.00  
January 2010 $114.00 Available Jan 1  
February 2010 $114.00 Available Feb 1  
March 2010 $142.50 Available Mar 1  
April 2010 $114.00 Available Apr 1  
May 2010 $114.00 Available May 1  
June 2010 $142.50 Available Jun 1  
July 2010 $114.00 Available Jul 1  
August 2010 $114.00 Available Aug 1  
September 2010 $28.50 Available Sep 1