Mrs. Hong's Group

Status: Paid Back

$1,225.00		Loan Request
$1,225.00		Paid Back

About the Group

Group Name:	Mrs. Hong's Group
Group Members:	Thi Dam Ta Thi Huong Ngo Thi Chi Ngo Thi Thanh Nguyen Thi Thanh Ngo Thi Hong Nguyen
Location:	Bac Ninh, Viet Nam
Activity:	Cattle

About the Loan

Loan Amount:	$1,225.00
Loan Use:	vay vốn chăn nuôi
Repayment Term:	9 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Sep 1, 2008
Date Disbursed:	Sep 15, 2008
Date Funded:	Sep 1, 2008
Loan Ended:	Apr 15, 2009

About the Field Partner

Field Partner:

SEDA

Field Partner Risk Rating:

(Learn more)

Active

24 months

2509

$582,700

0.68%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Viet Nam
Avg Annual Income:	$725.00
Currency:	Vietnam Dong (VND)
Exchange Rate:	16,626.0000 VND = 1 USD

Mrs. Nguyen Thi Hong (ID: 09050094), aged 63, is a teacher. Her husband is a retiree, and is raising chickens at home. She has two grown-up children, both of whom are working. Mrs. Hong has never requested for a loan from any source before. Since learning about SEDA’s loan method and repayment term, Mrs. Hong has been very interested. In this round of loan, Mrs. Hong would like to borrow 3.186.00 VND to raise chickens. Other members in her group include:

-Mrs. Ngo Thi Thanh (ID: 09050090) would like to borrow 3.186.000 VND to raise chickens.

-Mrs. Nguyen Thi Thanh (ID: 09050091) would like to borrow 3.186.000 VND to raise pigs.

-Mrs. Ngo Thi Chi (ID: 09050059) would like to borrow 4.256.000 VND to purchase food for her pigs.

-Mrs. Ngo Thi Huong (ID: 09050092) would like to borrow 3.186.000 VND to open a café.

-Mrs. Ta Thi Dam (ID: 09050036) would like to borrow 3.360.000 VND to buy and sell fruits.

Translated from Vietnamese by Khoa Nguyen, Kiva Volunteer.

Cô Nguyễn thị Hồng năm nay 63 tuổi MS 09050094, cô là một giáo viên, và chồng cô là một cán bộ đã nghỉ hưu, nay ở nhà chăn nuôi gà thịt.2 con đều là công nhân viên, từ trước tới nay gia đình cô chưa từng vay vốn ở đâu. Khi có chương trình vay vốn và tích kiệm trả dần cô đã đăng ký tham gia và vay ở mức 3.186.000 VND để mua gà giống về nuôi. Các thành viên khác trong nhóm của cô gồm có :

Chị Ngô thị Thành MS 09050090 vay mức 3.186.000 VND để phát triển chăn nuôi gà

Chị Nguyễn thị Thành MS 09050091 vay mức 3.186.000 VND để chăn nuôi lợn

Chị Ngô thị Chi MS 09050059 vay mức 4.256.000 VND để mua cám lợn

Chị Ngô thị Hương MS 09050092 vay mức 3.186.000 VND để kinh doanh nước giải khát

Chị Tạ thị Đảm MS 09050036 vay mức 3.360.000 VND để bán hàng hoa quả

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

Lenders to this group

Howard
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Bob
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rijk
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Gretchen
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Bert-Ake
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Kasey
Cleburne, TX
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stephen
East Malvern, Victoria
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Smilie
Kingston, Ontario
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Pavlos
Maroussi, Attikis
Greece

Jerome
Augusta, GA
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Michael J. 2007edition
West Orange, NJ
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Shiv Shreya
Montreal, Quebec
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Elizabeth
Dublin, Dublin
Ireland

Anonymous
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Turner Family
Williamsburg, VA
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Anonymous
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MacKenna
Fredericksburg, TX
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Journal entries for Mrs. Hong's Group

Loan has been disbursed Entrepreneur: Mrs. Hong's Group Location: Bac Ninh, Viet Nam Thank you for your loan. It has been disbursed to the Mrs. Hong's group group, consisting of Thi Hong Nguyen, Thi Thanh Ngo, Thi Thanh Nguyen, Thi Chi Ngo, Thi Huong Ngo, Thi Dam Ta by SEDA in Viet Nam. We are excited to watch this business grow. Over the next 6 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

A Grand Lady Entrepreneur: Mrs. Hong's Group Location: Bac Ninh, Viet Nam Recently I had the pleasure of meeting Mrs Nguyen Thi Thu Hong, who is the leader for this group of Kiva borrowers. Mrs. Nguyen lives in a village in the Bac Ninh province, about 2 hours north of Hanoi in northern Vietnam. Mrs. Nguyen is a grand woman of a more mature vintage. I would not dare ask a lady her age, but the Kiva web-site tells me she is 63 years old. Mrs. Nguyen sits down before me with tremendous presence and begins by announcing “I am retired”. She then proceeds to list all the little enterprises she is currently running, so it seems to be a fairly loose definition of retired! Mrs. Nguyen breeds pigs, chickens and ducks. She sells the actual livestock itself, not the eggs or any other produce they may generate. She used the Kiva loan to buy 4 piglets and some baby chickens. Mrs. Nguyen lives with her husband and together they tend to their animals. They have 5 grown-up children – the Kiva web-site incorrectly states that she has only 2 children. Mrs. Nguyen tells me that this is the very first loan she has ever taken out. When I ask her what made her start at this later stage in her life, she informs me that previously she was living hand to mouth and not able to earn a profit. The loan however has helped her improve her cash-flow thereby providing a little left over for household expenses. Mrs. Nguyen has a theatrical speaking style – you can’t help but listen to what she is saying, even if you can’t understand her! She has a beaming smile and laughs easily. She was a joy to interview, but she was quite adamant that she would not be photographed. It’s such a shame as I would have loved to show you this striking woman.
Posted by Xanthi Kouvatas from Bac Ninh, Viet Nam Oct 6, 2008
Comment on this entry

Repayment Schedule for Mrs. Hong's Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
December 2008	$204.17	$205.00	Repayment Received
January 2009	$204.17	$203.33	Repayment Received
February 2009	$204.17	$204.17	Repayment Received
March 2009	$204.17	$204.17	Repayment Received
April 2009	$204.17	$204.17	Repayment Received
May 2009	$204.15	$204.16	Repayment Received