Yen Thi Le


Status: Paid Back

$1,175.00   Loan Request
$1,175.00   Paid Back

About the Entrepreneur

Name: Yen Thi Le
Location: Ninh Giang, Viet Nam
Activity: Charcoal Sales

About the Loan

Loan Amount: $1,175.00
Loan Use: Coal Sales
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 25, 2008
Date Disbursed: Sep 13, 2008
Date Funded:Aug 30, 2008
Loan Ended:Nov 1, 2009

About the Country

Country:Viet Nam
Avg Annual Income:$725.00
Currency:Vietnam Dong (VND)
Exchange Rate:16,435.0000 VND = 1 USD



Chị Lê Thị Yên năm nay 42 tuổi. Gia đình chị hiện có 3 con trong đó có 1 người con đã trưởng thành. Khi mới tham gia Quỹ tình thương chị xin vay vòng vốn đầu là 1.000.000đ để sử dụng vào chăn nuôi cho thu nhập 500.000đ/ tháng. Nhận thấy công việc chăn nuôi không mang lại hiệu quả kinh tế cao, gia đình chị đã mạnh dạn đầu tư vốn để buôn bán than. Đến nay qua 8 năm buôn bán than kinh tế gia đình chị đã rất ổn định. Anh chị đã tiết kiệm mua được 1 chiếc xe tải để sử dụng chở than đi bán. Ngoài ra anh chị vấn kết hợp chăn nuôi lợn gà tại gia đình. Với thu nhập ổn định từ chăn nuôi, buôn bán anh chị đã có điều kiện hơn để đầu tư cho việc học hành của con cái và mua sắm trang thiết bị trong gia đình.Vòng vốn tới anh chị mong muốn được vay 19.000.000đ để đầu tư vốn vào buôn bán than


Thu nhập 4.500.000đ/ tháng

Translated from Vietnamese by Duc Tran, Kiva Volunteer.


Mrs. Le Thi Yen, 43 year old, has 3 children, one of whom has stayed independent from the family. Joining TYM, she made the first loan of 1,000,000 Vietnamese Dong to invest in live-stock, whose revenue was 500,000 Vietnamese Dong per month. Noticing the business would not be very successful, she switched and invested in retailing coal. For 8 years selling coal, she and her husband managed to foster the family’s financial situation. They saved enough money to buy a truck to transport more coal. Besides, they still raise pigs and chickens at home. The revenue from businesses allows their children to go to school and them to buy home facilities. They plan to borrow 19,000,000 Vietnamese Dong to invest in coal retailing.


The family’s income is 4,500,000 Vietnamese Dong per month.


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Journal entries for Yen Thi Le


Loan has been disbursed
 
Entrepreneur: Yen Thi Le
Location: Ninh Giang, Viet Nam

Thank you for your loan. It has been disbursed to Yen Thi Le 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 Ninh Giang, Viet Nam
Sep 13, 2008
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Kiva Help Repayment Schedule for Yen Thi Le

  Expected Repayments Actual Repayments Comments
December 2008 $97.92 $98.00 Repayment Received
January 2009 $97.92 $97.83 Repayment Received
February 2009 $97.92 $97.92 Repayment Received
March 2009 $97.92 $97.92 Repayment Received
April 2009 $97.92 $97.92 Repayment Received
May 2009 $97.92 $97.92 Repayment Received
June 2009 $97.92 $97.91 Repayment Received
July 2009 $97.92 $97.92 Repayment Received
August 2009 $97.92 $97.92 Repayment Received
September 2009 $97.92 $97.94 Repayment Received
October 2009 $97.92 $97.92 Repayment Received
November 2009 $97.88 $97.88 Repayment Received