Ninh Thi My


Status: Paid Back

$400.00   Loan Request
$400.00   Paid Back

About the Entrepreneur

Name: Ninh Thi My
Location: Y Yen, Viet Nam
Activity: Carpentry

About the Loan

Loan Amount: $400.00
Loan Use: Buy wood
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 22, 2008
Date Disbursed: Apr 5, 2008
Date Funded:Mar 22, 2008
Loan Ended:May 15, 2009

About the Country

Country:Viet Nam
Avg Annual Income:$725.00
Currency:Vietnam Dong (VND)
Exchange Rate:15,843.5000 VND = 1 USD



Mrs. Ninh Thi My, 47 years old, joined TYM Fund since 1999. She lives with her husband and two grown-up children in Yen Dong, Y Yen (Vietnam). Before joining TYM Fund, Mrs. My's life is very difficult because she only has a small farmland and her income is very low. Mrs. My used her loans to breed pigs. Each year she earned a profit of some hundred dollars. In 2003, Mrs. My started to carve wood for manufacturers who produce chairs and tables. She often get the orders and then buy wood to carve the specific design that the manufacturers wanted. The job is not easy, yet it brings pretty high income to her family. On average, each month she earns about 170-200USD. This time she wants to borrow 400USD to buy wood to carve.

Translated from Vietnamese by Phuong Nguyen, Kiva Volunteer.



Chị Ninh Thị Mỹ, 47 tuổi, tham gia vào Quỹ năm 1999. Chị sống cùng chồng và 2 con đã trưởng thành tại Yên Đồng, Ý Yên. Trước khi vào Quỹ kinh tế gia đình chị còn nhiều khó khăn do ruộng ít, thu nhập thấp. Chị Mỹ vay vốn về đầu tư cho chăn nuôi lợn. Sau mỗi năm chị thu được một khoản lợi nhuận vài trăm USD. Đến năm 2003, chị chuyển sang nghề trạm trổ đồ gỗ cho các cơ sở làm bàn ghế. Chị Mỹ thường nhận đơn đặt hàng sau đó mua gỗ về chế tác theo yêu cầu của khách. Công việc đục đẽo cũng vất vả nhưng mang lại thu nhập tương đối cao. Bình quân một tháng chị Mỹ thu từ 170-200USD. Vòng vốn này chị tiếp tục xin vay 400USD về mua gỗ làm hàng.


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Journal entries for Ninh Thi My


Loan has been disbursed
 
Entrepreneur: Ninh Thi My
Location: Y Yen, Viet Nam

Thank you for your loan. It has been disbursed to Ninh Thi My by TYM Fund in Viet Nam. We are excited to watch this business grow. Over the next 12 months, TYM Fund will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Y Yen, Viet Nam
Apr 6, 2008
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Kiva Help Repayment Schedule for Ninh Thi My

  Expected Repayments Actual Repayments Comments
July 2008 $33.33 $34.00 Repayment Received
August 2008 $33.33 $34.00 Repayment Received
September 2008 $33.33 $34.00 Repayment Received
October 2008 $33.33 $34.00 Repayment Received
November 2008 $33.33 $34.00 Repayment Received
December 2008 $33.33 $34.00 Repayment Received
January 2009 $33.33 $29.33 Repayment Received
February 2009 $33.33 $33.33 Repayment Received
March 2009 $33.33 $33.33 Repayment Received
April 2009 $33.33 $33.33 Repayment Received
May 2009 $33.33 $33.33 Repayment Received
June 2009 $33.37 $33.35 Repayment Received