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10 Dien Bien Group
In this Group: Thu, Yến, Lan, Hà, Liên, Hằng , Thanh
Thu is the group leader of the 10 Dien Bien solidarity group, which consists of 7 members. She is 49 years old and married with 2 children. She lives with no dependents in Thanh Hoa city, an urban town in Thanh Hoa province.

Thu has a laundry business. She has been involved in this business for 5 years. In 2009,Thu joined Thanh Hoa Fund for Poor Women to improve her business. She has successfully repaid 1 loan from Thanh Hoa Fund for Poor Women. One of the most critical business difficulties that concerns her is the lack of capital. Thu is requesting a loan to purchase devices to maintain her laundry shop.

With her business profits, Thu hopes for her business to do well, for her family to be healthy and happy, 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
  • 97
    View loans »
    Vietnam Loans Fundraising
  • $14,461,025
    Funds lent in using Kiva
  • 20,560.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 10 Dien Bien Group's $2,075 loan helped a member to purchase devices to maintain her laundry business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2011
Listed
Jul 17, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012