Nguyễn Thị Chút Group


Status: Paid Back

$1,950.00   Loan Request
$1,950.00   Paid Back

About the Group

(For privacy reasons, the Field Partner has requested that last names be undisclosed)
Group Name: Nguyễn Thị Chút Group
Group Members: Chut
Nguyễn Thị
Phan Thị
Nguyễn Thị
Đặng Thị
Nguyễn Thị
Đặng Thị
Location: Bac Ninh, Viet Nam
Activity: Food Production/Sales

About the Loan

Loan Amount: $1,950.00
Loan Use: to buy supplies for their businesses
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 6, 2008
Date Disbursed: Oct 28, 2008
Date Funded:Dec 12, 2008
Loan Ended:Nov 15, 2009

About the Country

Country:Viet Nam
Avg Annual Income:$725.00
Currency:Vietnam Dong (VND)
Exchange Rate:16,932.0000 VND = 1 USD



Ms. Nguyen Thi Chut is 52 yrs old, Ms 01030013. She is a hard working and very pleasant woman. She is always warm to everyone, and therefore, she is well known to people in the community as well as her customers. Every day she and her husband run a restaurant selling food such as assorted soups and rice. In addition, she also has a business grinding flour to make babies' food, and her son is an electricia, so their income is quite stable ranging from 12 USD to 13 USD per day. She really likes the loan program and so after finishing this cycle, she is applying for a loan of 278.50 USD to invest in her restaurant.

In her group there are the following members:
Ms. Nguyen Thi Nguyet, Ms 01030012, loan amount 278.50 USD to invest in her shop selling bicycles and food;
Ms. Phan Thi Ly, Ms 01030014, loan amount 278.50 USD to buy supplies to produce candies;
Ms. Nguyen Thi Vinh, Ms 01030015, loan amount 278.50 USD to buy equipments to repair calculators;
Ms. Dang Thi Hanh, Ms 01030016, loan amount 278.50 USD to buy timber to manufacture furniture;
Ms. Nguyen Thi Tinh, Ms 01030028, loan amount 278.50 USD to buy supplies for her hair salon;
Ms. Dang Thi Dong, Ms 01030029, loan amount 278.50 USD to buy and sell rice








Translated from Vietnamese by Thu Ostrander, Kiva Volunteer


Chị Nguyễn Thị Chút năm nay 52 tuổi, Ms 01030013 là một phụ nữ rất chịu khó và vui tính. Chị luôn niềm nở với mọi người, nên được mọi người xung quanh cũng như khách mua hàng biết đến rất nhiều. Hàng ngày cả 2 vợ chồng chị đều bán hàng ăn như : Miến ngan, bún gà và hàng cơm phở …Ngoài ra chị còn làm thêm nghề xay sát bột cho trẻ em, còn con trai chị làm thợ điện, nên mức thu nhập của gia đình rất ổn định từ 200.000VNđ đến 220.000VNđ/ ngày. Chị rất thích tham gia vay vốn của chương trình nên hết chu kỳ chị lại tiếp tục đăng ký với mức vay 4.704.000VNđ để đầu tư vào cửa hàng của gia đình.
Trong nhóm chị có các thành viên sau :
Chị Nguyễn Thị Nguyệt Ms 01030012 vay mức 4.704.000VNđ để đầu tư vào cửa hàng bán xe đạp, đồ ăn chin.
Chị Phan Thị Lý Ms 01030014 vay mức 4.704.000VNđ để mua nguyên liệu sản xuất kẹo.
Chị Nguyễn Thị Vinh Ms 01030015 vay mức 4.704.000VNđ mua dụng cụ sửa chữa máy tính.
Chị Đặng Thị Hạnh Ms 01030016 vay mức 4.704.000VNđ để mua gỗ sản xuất bàn ghế, tủ.
Chị Nguyễn Thị Tĩnh Ms 01030028 vay mức 4.704.000VNđ để mua đồ trang điểm, cắt tóc.
Chị Đặng Thị Đông Ms 01030029 vay mức 4.704.000VNđ để kinh doanh gạo.



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 Nguyễn Thị Chút Group


Loan has been disbursed
 
Entrepreneur: Nguyễn Thị Chút Group
Location: Bac Ninh, Viet Nam

Thank you for your loan. It has been disbursed to the Nguyễn Thị Chút group, consisting of Chut, Nguyễn Thị, Phan Thị, Nguyễn Thị, Đặng Thị, Nguyễn Thị, Đặng Thị by SEDA in Viet Nam. We are excited to watch this business grow. Over the next 11 months, SEDA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Bac Ninh, Viet Nam
Dec 13, 2008
Comment on this entry

Ms. Nguyen Thi Chut
 
Entrepreneur: Nguyễn Thị Chút Group
Location: Bac Ninh, Viet Nam

Recently I had the pleasure of meeting Ms.Nguyen Thi Chut, 53 years old, at her home which also doubles as her business. Ms. Nguyen is the group leader of this group and was chosen to be the leader because her fellow group members think she is a responsible person because she always pays her loan installments on time.

Ms. Nguyen runs a food stall where she sells noodle soups as well as beverages like juice and beer. She used her Kiva loan to purchase more soup ingredients over time so that she can expand her business by selling more soup than before and to buy more inventory of beer which is her best selling beverage. She currently buys her beverages from a shop near-by her house and gets all of her ingredients for her soups at the local market.

Her current income is roughly 70,000 to 80,000 VND per day which is roughly $4. Before her Kiva loans, however, her income was only about 50,000 VND per day, so there is a significant increase in her income because of her loans. She uses her extra income to help pay for her family’s daily expenses. She hopes that in the future she’ll be able to make a larger income with help of more loans and that her son will one day get married, because he’s getting a little old as is at age 30!


Posted by Nathan Cutler from Bac Ninh, Viet Nam
May 20, 2009
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Kiva Help Repayment Schedule for Nguyễn Thị Chút Group

  Expected Repayments Actual Repayments Comments
January 2009 $0.00 $156.00  
February 2009 $351.00 $195.00 Repayment Received
March 2009 $156.00 $160.53 Repayment Received
April 2009 $156.00 $156.00 Repayment Received
May 2009 $195.00 $195.00 Repayment Received
June 2009 $156.00 $156.00 Repayment Received
July 2009 $156.00 $156.00 Repayment Received
August 2009 $195.00 $195.00 Repayment Received
September 2009 $156.00 $39.00 Repayment Received
October 2009 $156.00 $273.00 Repayment Received
November 2009 $195.00 $190.47 Repayment Received
December 2009 $78.00 $78.00 Repayment Received