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03.11.116.thiệu Ngọc Group
In this Group: Liên, Huê, Đan, Long
Mrs. Liên has a retail business selling clothes. She is requesting a loan to purchase clothing to resell.

Liên is 23 years old and she is married with 2 children, and she lives with her 2 dependents in Thiệu Hóa district. Liên is the group leader of the 03.11.116.Thiệu Ngọc solidarity group, which consists of 4 members.

In 2010, Liên joined Thanh Hoa Fund for Poor Women to improve her business, and has successfully repaid 2 loans previously. Liên has been involved in this business for 8 years, the main hardship that she faces in her business is the lack of capital.

With her business profit, Liên hopes to make enough money to provide for her kids, for her business to do well, and to be able to buy more supplies and equipment for her business.

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
  • 70
    View loans »
    Vietnam Loans Fundraising
  • $12,936,375
    Funds lent in using Kiva
  • 21,016.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 03.11.116.thiệu Ngọc Group's $1,225 loan helped a member to purchase clothing to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 4, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013