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04.tây Sơn Phú Sơn 2 Group
In this Group: Nguyệt, Xuân, Ngoan, Mai Loan, Tài, Việt, Giang
Nguyệt has a retail business selling metal products. She is requesting a loan to purchase materials to make iron and aluminum goods to sell. Nguyệt has been involved in this business for more than 10 years. The main hardship that Nguyệt faces in her business is the lack of capital.

Nguyệt is 58 years old. She is married and has 2 children. She is the leader of a 7-member group, the 08.Tây Sơn. 04 Phú Sơn solidarity group. Nguyệt lives with no dependents (her children are grown up) in Thanh Hoa city, an urban town in Thanh Hoa province.

This is Nguyệt's first loan with Thanh Hoa Fund of Poor Women. With her business profit, Nguyệt hopes for her family to be healthy and happy, for her business to do well, and to build a new 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

  • $5,600
    Average annual income
  • 197
    View loans »
    Vietnam Loans Fundraising
  • $14,187,975
    Funds lent in using Kiva
  • 20,845.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 04.tây Sơn Phú Sơn 2 Group's $1,800 loan helped a member to buy materials to make metal goods to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2012
Listed
May 23, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013