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83 Quảng Hưng Group
In this Group: Thiệp, Vuông, Tuỳ, Dung
Mrs. Thiệp has a manufacturing business sewing clothes. She is requesting a loan to invest in her business. Thiệp is 56 years old and she is married. She has 4 children.

Thiệp is the group leader of the 18.5.83 Quảng Hưng solidarity group, which consists of 4 members. She lives with no dependents in Thanh Hoa city, a urban town in Thanh Hoa province. This is her first loan with Thanh Hoa Fund of Poor Women. Thiệp has been involved in this business for 3 years.

The main harship that Thiệp faces in her business is the lack of capital. In the future, Thiệp hopes for her family to be healthy and happy, for her business to do well, and for her children to find a good job.

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
  • 195
    View loans »
    Vietnam Loans Fundraising
  • $14,187,975
    Funds lent in using Kiva
  • 20,550.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 83 Quảng Hưng Group's $850 loan helped a member to buy cloth to make clothes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2011
Listed
May 30, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012