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3.9.73 Thiệu Hóa Group
In this Group: Điệp, Giang, Sâm , Như
Mrs. Điệp operates a food stall selling fruit. She is requesting a loan to purchase fruit to resell.

Điệp is 37 years old and she is married with one child. Điệp is the group leader of the 3.9.72 Thiệu Hóa solidarity group, which consists of four members. She lives and works in Thieu Hoa district, a semi-urban area in Thanh Hoa province, with her one dependent.

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

With her business profit, Điệp hopes to remodel her house and to maintain her business.

Additional Information

About Thanh Hoa Fund for Poor Women (FPW)

Thanh Hoa Fund for Poor Women (FPW) 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, FPW 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

  • $725
    Average annual income
  • 82
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 20,799.8
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 3.9.73 Thiệu Hóa Group's $775 loan helped a member to purchase fruit to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2011
Listed
Aug 22, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012