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19 Đông Sơn Group
In this Group: Quang, Cu, Ngan, Vui
Huyền has a retail business selling clothing. She is requesting a loan to purchase clothing to resell. She is 52 years old and she is married with 2 children. She is the group leader of the 19 Đông Sơn solidarity group, which consists of 4 members. She lives with two dependents, and works in Thanh Hoa city, an urban area in Thanh Hoa province.

This is Huyền's first loan with Thanh Hoa Fund of Poor Women. She has been involved in this business for 4 years. One of the most critical business difficulties that concerns her is the lack of capital.

With her business profit, Huyền hopes for her family to be healthy and happy, for her children to find good jobs, and to be able 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
  • 186
    View loans »
    Vietnam Loans Fundraising
  • $14,187,975
    Funds lent in using Kiva
  • 20,830.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 19 Đông Sơn Group's $775 loan helped a member to purchase clothing to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2011
Listed
Sep 19, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012