Check out other loans that are currently fundraising!
08.01.06 Đông Vệ Group
In this Group: Lan, Dung, Hương, Bình
Mrs. Lan has operated a retail business selling dry food and goods for more than 10 years. She is requesting a loan to purchase more of these items to resell.

Lan, 40 years old, is the leader of a 4-member group, the 08.01.06- Đông Vệ solidarity group. She is married and has 2 children. Lan lives and works in Thanh Hoa, a city in Thanh Hoa province, with 2 dependents.

In 2010, Lan joined Thanh Hoa Fund for Poor Women to improve her business. She has successfully repaid 3 loans from Thanh Hoa Fund for Poor Women. The main hardship that Lan faces in her business is lack of capital. In the future, she hopes for her children to do well in school, for her business to do well, and to remodel her house.

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

  • $725
    Average annual income
  • 132
    View loans »
    Vietnam Loans Fundraising
  • $13,738,050
    Funds lent in using Kiva
  • 20,810.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 08.01.06 Đông Vệ Group's $1,450 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:
Mar 4, 2012
Listed
Mar 13, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 20, 2013