Check out some available loans that are similar to this one!
05.05.21 Điện Biên Group
In this Group: Điệp, Xá, Khải, Thiết, Liên, Lộc*
* not pictured
Mrs. Điệp, age 41, operates a food-stall restaurant, selling sweet rice. She has been engaged in this business for five years. She is requesting a loan to purchase ingredients for the food she prepares and sells. Điệp is the group leader of the 05.05.21 Điện Biên solidarity group, which consists of six members. She lives and works in Thanh Hoa city, an urban area in Thanh Hoa province, with her husband and their two children.

The main hardship that Điệp faces in her business is lack of capital. In 2009, Mrs. Điệp joined Thanh Hoa Fund for Poor Women in order to improve her business. She has successfully repaid two loans from Thanh Hoa Fund for Poor Women.

With her business profit, Điệp hopes to secure her children's educations, to ensure that her family is healthy and happy, and to help her business thrive.

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
  • $14,427,750
    Funds lent in using Kiva
  • 20,830.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 05.05.21 Điện Biên Group's $2,000 loan helped a member to purchase the ingredients for the sweet rice that she prepares and sells.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2012
Listed
Jul 21, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013