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15 Điện Biên Group
In this Group: Thu Hiền , Hoa, Chính, Lan Hương, My, Tư, Muối*
* not pictured
Mrs Hiền operates a food stall. She is requesting a loan to purchase poultry to process and resell.

Hiền is 39 years old and is married with 2 children.
She is the leader of a 7-member group, the 15 Điện Biên solidarity group.
Hiền lives with 2 dependants in Thanh Hoa city, an urban town in Thanh Hoa province.

In 2009, Hiền joined Thanh Hoa Fund for Poor Women to improve her business. Hiền has successfully repaid 1 loan from Thanh Hoa Fund for Poor Women.
Hiền has been involved in this business for 5 years.
The main hardship she faces in her business is lack of capital.

With her business profit, Hiền hopes to make enough money to provide for her kids, for her children to do well in school and for her family to be healthy and happy.

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
  • 189
    View loans »
    Vietnam Loans Fundraising
  • $14,213,000
    Funds lent in using Kiva
  • 20,560.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 15 Điện Biên Group's $2,075 loan helped a member to purchase poultry to process and resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2011
Listed
Jul 22, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012