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2 Nam Ngạn Thanh Hóa Group
In this Group: Côi, Anh, Lan, Lan, Hạnh, Bình
Mrs. Côi is 59 years old, and she is married with two children. She is the leader of a six-member group, the 2 Nam Ngạn solidarity group. She lives and works in Thanh Hoa City, an urban area in Thanh Hoa province, with no dependents.

Côi operates a food stall restaurant selling rice noodle dishes. Côi has been involved in this business for 8 years. The main harship that she faces in her business is the lack of capital. She is requesting a loan to purchase ingredients.

In 2010, Côi joined Thanh Hoa Fund for Poor Women to improve her business. Côi has successfully repaid two loans from Thanh Hoa Fund for Poor Women.

With the profits from the loan, Côi hopes for her business to do well and for her family to be healthy and happy.

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
  • 27
    View loans »
    Vietnam Loans Fundraising
  • $12,569,150
    Funds lent in using Kiva
  • 21,011.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 2 Nam Ngạn Thanh Hóa Group's $1,375 loan helped a member to purchase noodles, beef, and chicken to make "phở" to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2011
Listed
Dec 16, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013