Tạ Thị Lào

Status: Paying Back - Delinquent

$1,150
Loan Request
Pre-Disbursed : Jun 23, 2009
Listed: Jul 15, 2009
Funded: Jul 26, 2009
44% repaid

About the Country

Country:Viet Nam
Avg Annual Income:$725
Currency:Vietnam Dong (VND)
Exchange Rate:17,760.0000 VND = 1 USD


About the Loan

Location: Kim Dong, Viet Nam   Repayment Term: 14 months
(more info)
Activity: Food Market   Repayment Schedule: Monthly
Loan Use: invest in expanding the business   Currency Exchange Loss: Possible
      Default Protection: Covered
Lào Tạ Thị (43698122) is a 56-year-old woman living in the town of Kim Động. She is married and has 4 adult children. To make a living, Lào owns and operates a business venture in the food sector running a food stall. While not the only means for generating revenue, the main source of income for the business comes from selling herbs and spices in the local community. Lào has been engaged in this business for over 7 years and earns approximately 2,000,000 VND a month from these activities.



In 2001, Lào joined TYM Fund to gain access to financial services to help improve her living situation and ability to engage in business activities. Lào has successfully repaid previous loans from TYM Fund. These previous loans were used to purchase additional products to sell. Lào is now requesting a new loan of 20,000,000 VND which will be used to invest in expanding the business. This will be the 6th loan taken out by the borrower from TYM Fund. Lào plans to use the additional revenue generated from the business to improve/expand her business.


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Journal entries for Tạ Thị Lào


Loan has been disbursed
 
Entrepreneur: Tạ Thị Lào
Location: Kim Dong, Viet Nam

Thank you for your loan. It has been disbursed to Tạ Thị Lào 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 Kim Dong, Viet Nam
Jul 27, 2009
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Kiva Help Repayment Schedule for Tạ Thị Lào

  Expected Repayments Actual Repayments Comments
September 2009 $115.00 $115.00 Repayment Received
October 2009 $92.00 $92.00 Repayment Received
November 2009 $115.00 $115.00 Repayment Received
December 2009 $92.00 $92.00 Repayment Received
January 2010 $92.00 $92.00 Repayment Received
February 2010 $115.00 $0.00 Delinquent
March 2010 $92.00 Available Mar 1  
April 2010 $92.00 Available Apr 1  
May 2010 $115.00 Available May 1  
June 2010 $92.00 Available Jun 1  
July 2010 $92.00 Available Jul 1  
August 2010 $46.00 Available Aug 1