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08.01.02 Đông Vệ Group
In this Group: Nghị, Thu, Phượng, Đào, Nhị
Mrs. Nghị is 41 years old and married with 2 children. She is the leader of the 08.01.02 Đông Vệ solidarity group, which consists of 5 members. She lives with 2 dependents in Thanh Hoa city, an urban town in Thanh Hoa province. Mrs. Nghị has run a business selling clothes for over 10 years. She is now requesting a loan to purchase more clothing to resell.

In 2010, Mrs. Nghị joined Kiva's partner, Thanh Hoa Fund for Poor Women, to improve her business. She has already successfully repaid 3 loans from Thanh Hoa Fund for Poor Women. The main hardship that she faces in her business is a lack of capital. Mrs. Nghị hopes for her children to do well in school, for her business to do well, and for her family to be healthy and happy.

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
  • $14,417,025
    Funds lent in using Kiva
  • 20,810.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 08.01.02 Đông Vệ Group's $1,800 loan helped a member to purchase more clothing for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 4, 2012
Apr 1, 2012
Currency Exchange Loss:
Apr 20, 2013