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6.01.12 Đông Vệ Group
In this Group: Liên, Xuân, Dung, Hằng, Cúc, Thu, Nương
Liên has a retail business selling shoes. She is requesting a loan to purchase footwear to sell.

Liên is 45 years old and she is married with 2 children.
She is the leader of a 7-member group, the 06.01.12 Đông Vệ solidarity group.
She lives and works in Thanh Hoa city, a urban area in Thanh Hoa province. She lives with her 2 dependents.

In 2010, Liên joined the Fund for Thanh Hoa Poor Women in order to improve her business. Liên has successfully repaid 3 loans from the Fund for Thanh Hoa Poor Women.
Liên has been involved in her business for 6 years.
The main hardship that Liên faces in her business is the lack of capital.

With her business profit, Liên hopes for her business to do well, for her children to find a good job, 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
  • 186
    View loans »
    Vietnam Loans Fundraising
  • $14,187,975
    Funds lent in using Kiva
  • 20,920.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 6.01.12 Đông Vệ Group's $2,500 loan helped a member to purchase footwear to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2012
Listed
May 12, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013