Check out some available loans that are similar to this one!
06.08.01 Đông Vệ Thanh Hoa Group
In this Group: Thủy, Quyết, Lai, Lan*, Bốn, Hiền
* not pictured
Thủy, 47, is married with two children. She has a stall selling votive objects, a business she has been involved in for more than ten years. She is now requesting a loan to purchase more votive objects to resell.

Thủy is the group leader of the 06.08.01 Đông Vệ solidarity group, which consists of six members. She lives with her two dependents in Thanh Hoa city, a semi-urban town in the Thanh Hoa province. In 2010, Thủy joined Thanh Hoa Fund for Poor Women to improve her business and she has successfully repaid one loan.

The main hardship Thủy faces in her business is the lack of capital. In the future, she hopes to maintain her business, to buy a motorbike, and for her children to do well in school.

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
  • 21,005.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 06.08.01 Đông Vệ Thanh Hoa Group's $1,525 loan helped a member to purchase votive objects to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 4, 2011
Listed
Nov 15, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012