Chu Thi Nghien Group


Status: Paid Back

$950.00   Loan Request
$950.00   Paid Back

About the Group

Group Name: Chu Thi Nghien Group
Group Members: Thuc Hoang
Lien Ngo
Binh Ngo
Nga Pham
Nghien Chu
Location: Bac Ninh, Viet Nam
Activity: Retail

About the Loan

Loan Amount: $950.00
Loan Use: retail business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 15, 2008
Date Disbursed: Sep 13, 2008
Date Funded:Aug 30, 2008
Loan Ended:Oct 15, 2009

About the Country

Country:Viet Nam
Avg Annual Income:$725.00
Currency:Vietnam Dong (VND)
Exchange Rate:16,585.0000 VND = 1 USD



Ms, Chu Thi Nghien is 40 years old. Her family has 2 children and very good income. Her husband delivers merchandise and selling to businesses. She raises pigs and sells chickens and pigs. She had borrowed money before and repaid. She would like to borrow 205.00 USD to purchase additional merchandise to sell. In her group there are the following members:
Ms. Phạm thị Ngà, loan amount 205.00 USD to buy pigs to raise;
Ms. Ngô thị Bình, loan amount 205.00 USD to invest in a retail shop;
Ms. Ngô thị Liên, loan amount 205.00 USD to invest in a silkworm shop;
Ms. Hoàng thị Thức, loan amount 130.00 USD to raise chickens and ducks.

Translated from Vietnamese by Thu Ostrander, Kiva Volunteer.



Chị Chu thị Nghiên năm nay 40 tuổi MS 09050017,gia đình chị có 2 con và có khá nhiều thu nhập: Chồng lái xe ô tô chuyên vận chuyển hàng hoá kinh doanh, buôn bán. Chị vừa chăn nuôi lợn, bán cám gà, cám lợn...Chu kỳ trước chị đã tham gia vay vốn và trả rất tốt. Nay chị tiếp tục đăng ký vay 3.360.000 VND để thêm vốn bán hàng. Trong nhóm chị có các thành viên :


  • Chị Phạm thị Ngà MS 09050019 vay mức 3.360.000 VND để mua lợn giống

  • Chị Ngô thị Bình MS 09050020 vay mức 3.360.000 VND để bán hàng tạp hoá

  • Chị Ngô thị Liên MS 09050021 vay mức 3.360.000 VND để làm hàng tơ tằm

  • Chị Hoàng thị Thức MS 09050093 vay mức 2.242.000 VND để chăn nuôi vịt gà



  • 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 Chu Thi Nghien Group


    Loan has been disbursed
     
    Entrepreneur: Chu Thi Nghien Group
    Location: Bac Ninh, Viet Nam

    Thank you for your loan. It has been disbursed to the Chu Thi Nghien group, consisting of Nghien Chu, Nga Pham, Binh Ngo, Lien Ngo, Thuc Hoang by SEDA in Viet Nam. We are excited to watch this business grow. Over the next 12 months, SEDA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


    Posted by Tuan Nguyen from Bac Ninh, Viet Nam
    Sep 3, 2008
    Comment on this entry

    Chickens, Pigs and Now Fish - A Busy Woman
     
    Entrepreneur: Chu Thi Nghien Group
    Location: Bac Ninh, Viet Nam

    Recently I had the pleasure of meeting Mrs. Chu Thi Nghien, who is the group leader for this group of Kiva borrowers. Mrs. Chu lives in a village in Bac Ninh province, about 2 hours north of Hanoi.

    Mrs. Chu is an enterprising woman with many sources of income to keep her busy. She has bred pigs and chickens for many years and took out this loan with SEDA in order to expand her business further. Mrs. Chu used this loan to buy fish and then sell it at the local market. Mrs. Chu bought the fish in 3 instalments, spending a third of the loan at each time ( approximately $ US 70 ) which allowed her to purchase 50 kilos of fish at each occasion. Mrs. Chu can sell up to 50 kilos of fish a day, so the loan enabled her to add approximately one week’s worth of additional sales.

    Mrs. Chu is happy that she can borrow which enables her to increase her family’s income further. She also saves, depositing 20,000 Vietnamese Dong a month ( approximately $US 1.20 ) into a savings account with SEDA.


    Posted by Xanthi Kouvatas from Bac Ninh, Viet Nam
    Oct 6, 2008
    Comments (1)

    Kiva Help Repayment Schedule for Chu Thi Nghien Group

      Expected Repayments Actual Repayments Comments
    December 2008 $79.17 $80.00 Repayment Received
    January 2009 $79.17 $78.33 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 $79.17 $79.17 Repayment Received
    September 2009 $79.17 $79.19 Repayment Received
    October 2009 $79.17 $79.17 Repayment Received
    November 2009 $79.13 $79.13 Repayment Received