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3.13. 151.thiệu Khánh Group
In this Group: Minh, Thành , Dũng , Hải, Thái , Hiển, Hồng, Gái, Vần, Thanh
Minh is 44 years old. She is married, has four grown children, and is the group leader of the "3.13. 151.Thiệu Khánh" solidarity group, which consists of 10 members. Minh lives and works in Thieu Hoa district, a rural area in Thanh Hoa province. She operates a combined food stall and restaurant selling fish, and has done so for five years. The main hardship Minh faces in her business is the lack of capital, so she is requesting a loan to purchase a fishing net to catch fish. This is Minh's first loan with Thanh Hoa Fund of Poor Women. With her business profit, Minh hopes for her business to do well, to buy land of her own, 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
  • 147
    View loans »
    Vietnam Loans Fundraising
  • $13,029,750
    Funds lent in using Kiva
  • 20,730.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 3.13. 151.thiệu Khánh Group's $1,800 loan helped a member to purchase a fishing net to catch fish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2012
Listed
May 6, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013