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119.thiệu Toán Group
In this Group: Hoa, Hương, Loan, Lan, Na
Mrs. Hoa lê is 27 years old, and she is married with one child, who has finished school. Hoa lê is the group leader of the 119.Thiệu Toán solidarity group, which consists of five members.

Hoa lê has a service business repairing electronics. She has been involved in this business for five years. The main hardship that Hoa lê faces in her business is the lack of capital. She is requesting a loan to purchase electrical equipment and electronic devices to resell.

In 2009, Hoa lê joined Thanh Hoa Fund for Poor Women to improve her business. She has successfully repaid three loans from Thanh Hoa Fund for Poor Women.

With the profits from this loan, Hoa lê hopes to buy more supplies and equipment to help her business do well and to buy land of her own.

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
  • 81
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 21,011.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 119.thiệu Toán Group's $950 loan helped a member to purchase electrical equipment and electronic devices to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2011
Listed
Dec 16, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012