Hi mates,
After several months of skipping the report, I need to give an update for the whole missing period, to provide transparency about this fund
- There is no additional contribution.
- The only inflow is the interest collection, which is $105.639. The interest rate was reduced from 20% to 15% in Jul.
- The total dividend share is $51, paid 2 times, in Jul and Oct.
The fund amount now is $1849.8, which is increased by $112 compared to original contribution
Here is the contribution table
And here is the dividend share table
NOTE
I will calculate all the contribution percentages based on the HBD value because calculating the contribution in HBD value is fairer to everyone.
- The interest is paid in HBD
- The HBD-VND rate always fluctuates and everyone can receive a different HBD amount with the same contribution in VND
- Updated - the current contribution % is to calculate the interest. Because the earlier contributor should have some advantage compared to the late contributor with the same contribution amount.
- The 1st scholarship contribution will be in the end of 2024.
That's all for now, until the next report
Here is again the reason for this fund
@ly-00-03-lqd-kh/introduce-ly-00-03-lqd