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56 Thieu Do Group
In this Group: Linh, Mung, Lan, Hoa, Thu
Mrs. Linh has a retail business, selling plastic goods. She is requesting a loan to purchase plastic goods for resaL..

Linh is 35 years old and married with two children. She lives and works in Thieu Hoa district, a semi-urban area in Thanh Hoa province, with two dependents.

Linh is the group leader of the 56 Thieu Do solidarity group, which consists of five members.

This is Linh's first loan with Thanh Hoa Fund of Poor Women. Linh has been involved in this business for four years. The main hardship that Linh faces in her business is not being abL. to meet the high demand for products.

With her business profit, Linh hopes to make enough money to provide for her kids, to buy a motorbike, and to be abL. to buy more supplies and equipment for her business.

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
  • 83
    View loans »
    Vietnam Loans Fundraising
  • $14,427,750
    Funds lent in using Kiva
  • 20,550.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 56 Thieu Do Group's $1,300 loan helped a member to purchase plastic goods for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 10, 2011
Jul 22, 2011
Currency Exchange Loss:
Aug 15, 2012