Hau Nguyen Trong


Status: Paid Back

$75.00   Loan Request
$75.00   Paid Back

About the Entrepreneur

Name: Hau Nguyen Trong
Location: Duc Linh, Binh Thuan, Viet Nam
Activity: Home Products Sales

About the Loan

Loan Amount: $75.00
Loan Use: To open a small bazaar
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 19, 2007
Date Disbursed: Apr 3, 2007
Date Funded:Mar 20, 2007
Loan Ended:Oct 3, 2007

About the Country

Country:Viet Nam
Avg Annual Income:$725.00
Currency:United States Dollars (USD)



Mr Hau used to roast pork for his wife's business in the market of Đong Ha commune. But their pigs and cattle contracted hoof and mouth disease, which ruined their business. They produce a small amount of rice -- 1-2 tons a year, which does not provide enough money for them or their children to be properly nourished. They have a 2-month old daughter and two children in school. Sometimes their other older children are able to send a little money home, but not on a regular basis. Their modest house is placed at a busy intersection surrounded by a high concentration of people. Mr. Hau is requesting a loan for $75.00 from Thien Chi Center and KIVA so that they can open a small bazaar in their home which will draw customers from the dense population in their area, and increase their income so they can properly nourish and care for their children.

Subscribe

Lenders to this entrepreneur

Emily's Family
Santa Barbara, CA
United States

loenzo
Los Angeles, CA
United States

Paul
Denver, CO
United States



Journal entries for Hau Nguyen Trong


Loan has been disbursed
 
Entrepreneur: Hau Nguyen Trong
Location: Duc Linh, Binh Thuan, Viet Nam

Thank you for your loan. It has been disbursed to Hau Nguyen Trong by Mekong Plus in Viet Nam. We are excited to watch this business grow. Over the next 6 - 11 months, Mekong Plus will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Duc Linh, Binh Thuan, Viet Nam
Apr 3, 2007
Comment on this entry

The first report
 
Entrepreneur: Hau Nguyen Trong
Location: Duc Linh, Binh Thuan, Viet Nam

To sell confectionary, On time, Monthly profit is $25, They bought multi rice cooker with cost is $25.


Posted by Duoc Nguyen Van from Duc Linh, Binh Thuan, Viet Nam
Jun 13, 2007
Comment on this entry

The first report
 
Entrepreneur: Hau Nguyen Trong
Location: Duc Linh, Binh Thuan, Viet Nam

Bussiness confectionary, On time, Monthly profit is $19, Mr Hau bought canned milk for child youngest with sum of money is $6,25/monthly.


Posted by Duoc Nguyen Van from Duc Linh, Binh Thuan, Viet Nam
Jul 23, 2007
Comment on this entry

Kiva Help Repayment Schedule for Hau Nguyen Trong

  Expected Repayments Actual Repayments Comments
July 2007 $12.50 $0.00 Repayment Received
August 2007 $12.50 $26.00 Repayment Received
September 2007 $12.50 $13.00 Repayment Received
October 2007 $12.50 $13.00 Repayment Received
November 2007 $12.50 $13.00 Repayment Received
December 2007 $12.50 $10.00 Repayment Received