Nguyen Thi Cuong


Status: Paid Back

$950.00   Loan Request
$950.00   Paid Back

About the Entrepreneur

Name: Nguyen Thi Cuong
Location: Hung Nguyen, Viet Nam
Activity: Food Production/Sales

About the Loan

Loan Amount: $950.00
Loan Use: Invest in seafood business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 28, 2008
Date Disbursed: Jun 12, 2008
Date Funded:May 29, 2008
Loan Ended:Jul 15, 2009

About the Country

Country:Viet Nam
Avg Annual Income:$725.00
Currency:Vietnam Dong (VND)
Exchange Rate:16,170.0000 VND = 1 USD



Mrs. Nguyễn Thị Cường, 40 years old, joins the TYM Fund in 2003. She lives with her husband and their 4 children, 3 are still in school age. She uses funds from the loans to buy exotic seafood like eels and frogs then resells to the restaurants in the area. Her merchandises are popular. A good percentage of the monthly income of 300-400USD is reinvested. With a good economy she has been filling her house with furniture and appliances. She is applying for a loan of 950USD to invest in her business.

Translated from Vietnamese by ngungo, Kiva volunteer.




Chị Nguyễn Thị Cường, 40 tuổi, tham gia Quỹ năm 2003. Chị đang sống cùng chồng và 4 người con, 3 trong số đó đang học phổ thông. Vốn vay từ Quỹ được chị Cường sử dụng thu mua thực phẩm như lươn, ếch sau đó đem bán cho các nhà hàng. Hàng bán chạy, đồng vốn được quay vòng liên tục nên tạo hiệu quả kinh tế cao. Bình quân một tháng chị Cường thu 300-400USD. Kinh tế phát triển mạnh nên đồ đạc tiện nghi trong nhà được sắm sửa đầy đủ. Vòng vốn tới chị Cường xin vay thêm 950USD để mua thêm hàng bán.

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Journal entries for Nguyen Thi Cuong


Loan has been disbursed
 
Entrepreneur: Nguyen Thi Cuong
Location: Hung Nguyen, Viet Nam

Thank you for your loan. It has been disbursed to Nguyen Thi Cuong 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 Hung Nguyen, Viet Nam
Jun 12, 2008
Comments (1)

Kiva Help Repayment Schedule for Nguyen Thi Cuong

  Expected Repayments Actual Repayments Comments
September 2008 $79.17 $80.00 Repayment Received
October 2008 $79.17 $80.00 Repayment Received
November 2008 $79.17 $80.00 Repayment Received
December 2008 $79.17 $80.00 Repayment Received
January 2009 $79.17 $75.83 Repayment Received
February 2009 $79.17 $79.17 Repayment Received
March 2009 $79.17 $79.17 Repayment Received
April 2009 $79.17 $79.17 Repayment Received
May 2009 $79.17 $79.17 Repayment Received
June 2009 $79.17 $79.16 Repayment Received
July 2009 $79.17 $79.17 Repayment Received
August 2009 $79.13 $79.16 Repayment Received