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03.11.107.thiệu Ngọc Thieu Hoa Group
In this Group: Hiền , Huấn , Hường, Hưởng, Hiếu
Mrs. Hiền works in agriculture, raising poultry and cattle. She is requesting a loan to purchase baby poultry to raise and sell in the future.

Hiền is 37 years old and she is married with three children.

Hiền is the group leader of the 03.11.107. Thiệu Ngọc solidarity group, which consists of five members.

She lives and works in Thieu Hoa district, a rural area in the Thanh Hoa province, and has three dependents.

This is Hiền's first loan with Thanh Hoa Fund of Poor Women. Hiền has been involved in this business for more than 10 years. The main hardship that Hiền faces in her business is natural disasters and droughts.

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

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
  • $14,213,925
    Funds lent in using Kiva
  • 21,009.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 03.11.107.thiệu Ngọc Thieu Hoa Group's $950 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:
Nov 4, 2011
Listed
Nov 13, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012