Vu Thi Ly


Status: Paid Back

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

About the Entrepreneur

Name: Vu Thi Ly
Location: Ninh Giang, Viet Nam
Activity: Services

About the Loan

Loan Amount: $1,175.00
Loan Use: Buy wood, machinery
Repayment Term: 14 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: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



Mrs. Ly Thi Vu, 59 years old, has three grown children. After joining the Fund, she borrowed 2,000,000 VND to invest in buying manufacturing equipment for the lumber factory her family owns. With the successful usage of this loan, her family now has lumber factory that is quite reputable in the region. The factory not only creates stable jobs for her children but also create jobs for people in town. Besides helping her husband and the children in the factory, Mrs. Vu also raise chickens and fish, so the family’s income is very stable. Her family is one of the families in the region that is doing business with postive results in the region. In this round of funding she is requesting 19,000,000 VND to invest in buying more machinery and wood for the factory. Their average monthly income is 5,000,000 VND.

Translated from Vietnamese by Chi Nguyen, Kiva volunteer.



Chị Vũ Thị Lý năm nay 59 tuổi, gia đình chị có 3 người con đều đã trưởng thành. Sau khi tham gia Quỹ tình thương chị đã vay 2.000.000đ để đầu tư mua dụng cụ sản xuất phục vụ cho xưởng mộc của gia đình. Với việc sử dụng vốn vay ngày càng hiệu quả hiện nay gia đình chị đã có một xưởng mộc khá quy mô tại địa phương. Xưởng mộc của gia đình chị không những tạo được công việc ổn định cho các con mà còn tạo thêm được công ăn việc làm cho người dân trong thôn. Ngoài thời gian phụ giúp chồng con làm mộc chị Lý còn kết hợp chăn nuôi thêm gà, cá nên thu nhập của gia đình chị rất ổn định. Gia đình chị hiện là một trong những hộ gia đình làm ăn hiệu quả tại địa phương. Vòng vốn tới chị mong muốn được vay thêm 19.000.000đ để đầu tư mua thêm máy móc, gỗ phục vụ cho xưởng mộc của gia đình. Thu nhập : 5.000.000đ/ tháng


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Journal entries for Vu Thi Ly


Loan has been disbursed
 
Entrepreneur: Vu Thi Ly
Location: Ninh Giang, Viet Nam

Thank you for your loan. It has been disbursed to Vu Thi Ly 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 16, 2008
Comment on this entry

Kiva Help Repayment Schedule for Vu Thi Ly

  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