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030818-Tây Xuân Vi-Hoằng Thanh-Hoằng Hoá Group
In this Group: Nga, Nghĩa , Hoè , Phương, Quê, Huệ
Mrs. Nga has a retail business selling dry food and goods. She is requesting a loan to to purchase dry food such as sugar, milk, candy, biscuits and goods to resell.

Nga is 28 years old and she is married with 2 children..
She is the leader of a 6-member group, the 030818-Tây Xuân Vi-Hoằng Thanh-Hoằng Hoá solidarity group.
She lives and works in Hoang Hoa district, a rural area in Thanh Hoa province, with 2 dependents

In 2012, Nga joined Thanh Hoa Fund for Poor Women to improve her business. Nga has successfully repaid 1 loans from Thanh Hoa Fund for Poor Women.
Nga has been involved in this business for 5 years.
The main hardship that Nga faces in her business is the lack of capital.

In the future, Nga hopes to make enough money to provide for her kids, to maintain a successful business, 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
  • 124
    View loans »
    Vietnam Loans Fundraising
  • $12,974,825
    Funds lent in using Kiva
  • 20,800.4
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 030818-Tây Xuân Vi-Hoằng Thanh-Hoằng Hoá Group's $1,350 loan helped a member to purchase dry food and goods to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2012
Listed
Feb 15, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013