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41.thieu Hoa Group
In this Group: Dung, Mai, Nhung, Thành
Mrs. Dung operates a food stall and restaurant selling vegetables. She is requesting a loan to invest in her business.

Dung is 45 years old and is married with two children. Dung is the group leader of the Van Ha solidarity group, which consists of four members. She lives and works in Thieu Hoa district, a rural area in Thanh Hoa province.

This is Dung's first loan with Thanh Hoa Fund of Poor Women. Dung has been involved in this business for less than a year. The main hardship that Dung faces in her business is the lack of capital.

With her business profit, Dung hopes to maintain a successful business, to remodel her house, and for her business to do well.

Additional Information

About Thanh Hoa Microfinance Institution Limited Liability (Thanh Hoa MFI)

Thanh Hoa MFI works to provide credit to women and their families in the central Vietnamese province of Thanh Hoa, one of the poorest regions of the country. The institution's target clients are poor and low-income women who have the ability to work but lack the capital. Accordingly, Thanh Hoa MFI prioritizes single mothers, low-income women with children who have dropped out of primary school, and Viet Nam’s poorest women who cannot access any formal financial services.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Vietnam

  • $5,600
    Average annual income
  • 192
    View loans »
    Vietnam Loans Fundraising
  • $14,187,950
    Funds lent in using Kiva
  • 20,580.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 41.thieu Hoa Group's $1,125 loan helped a member to buy flowers and vegetables to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2011
Listed
May 28, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012