Nguyễn Thị Lan

Status: Paying Back - Delinquent

$525
Loan Request
Pre-Disbursed : May 26, 2009
Listed: Jul 1, 2009
Funded: Jul 6, 2009
52% repaid

About the Country

Country:Viet Nam
Avg Annual Income:$725
Currency:Vietnam Dong (VND)
Exchange Rate:17,785.0000 VND = 1 USD


About the Loan

Location: Quang Xuong, Viet Nam   Repayment Term: 14 months
(more info)
Activity: Manufacturing   Repayment Schedule: Monthly
Loan Use: To purchase additional raw materials to expand product offerings.   Currency Exchange Loss: Covered
      Default Protection: Covered
Lan Nguyễn Thị, age 51, lives in the town of Quảng Xương. She is married and has two adult-aged children. To make a living, Lan owns and operates a business venture in the manufacturing sector. The main source of income for the business comes primarily from manufacturing and selling to local businesses and community members. Lan has been engaged in this business for over 10 years and earns approximately 3,000,000 VND a month from these activities.


In 2003, Lan joined TYM Fund to gain access to financial services. She wanted to help improve her living situation and increase her ability to engage in business activities. Lan has successfully repaid a previous loan of 3,000,000 VND from TYM Fund. This previous loan was used to purchase tools and other equipment to expand the business.


Lan is now requesting a new loan of 9,000,000 VND, which will be used to purchase additional raw materials to expand product offerings. The loan will be the seventh loan taken out by this borrower from TYM Fund. Lan plans to use the additional revenue generated from the business to improve and expand her business.


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Journal entries for Nguyễn Thị Lan


Loan has been disbursed
 
Entrepreneur: Nguyễn Thị Lan
Location: Quang Xuong, Viet Nam

Thank you for your loan. It has been disbursed to Nguyễn thị Lan by TYM Fund in Viet Nam. We are excited to watch this business grow. Over the 11 months of this loan, TYM Fund will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Quang Xuong, Viet Nam
Jul 7, 2009
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Kiva Help Repayment Schedule for Nguyễn Thị Lan

  Expected Repayments Actual Repayments Comments
September 2009 $94.50 $94.50 Repayment Received
October 2009 $42.00 $42.00 Repayment Received
November 2009 $52.50 $52.50 Repayment Received
December 2009 $42.00 $42.00 Repayment Received
January 2010 $42.00 $42.00 Repayment Received
February 2010 $52.50 $0.00 Delinquent
March 2010 $42.00 Available Mar 1  
April 2010 $42.00 Available Apr 1  
May 2010 $52.50 Available May 1  
June 2010 $42.00 Available Jun 1  
July 2010 $21.00 Available Jul 1