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03.03.93 Thiệu Trung Thiệu Hóa Group
In this Group: Mai , Xuân, Thịnh
Mai is 45 years old and is married with 3 children. Mai is the group leader of the 03.03.93 Thiệu Trung solidarity group, which consists of 3 members. She lives and works in the Thiệu Hóa district, a rural area in the Thanh Hoa province, with 1 dependent.

Mrs Mai works in agriculture, raising poultry and cattle. She has been involved in this business for 8 years. The main hardship that Mai faces in her business is the lack of skills. She is requesting a loan to purchase baby poultry to raise and sell in the future.

This is Mai's first loan with the Fund for Thanh Hoa Poor Women. With her business profit, Mai hopes to buy land of her own, for her business to do well, 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

  • $725
    Average annual income
  • 129
    View loans »
    Vietnam Loans Fundraising
  • $13,738,050
    Funds lent in using Kiva
  • 20,801.2
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 03.03.93 Thiệu Trung Thiệu Hóa Group's $575 loan helped a member to purchase baby poultry to raise and sell in the future.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2011
Listed
Oct 4, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012