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3.14.172.thieu Khanh Group
In this Group: Yến , Loan, Hằng, Nguyệt
Mrs. Yến, age 33, raises poultry and cattle to earn a living. She has been engaged in this business for four years. She and her husband live in Thieu Hoa district, a rural area in Thanh Hoa province, with their one child. She is the group leader of the 3.14.172.Thieu Khanh solidarity group, which consists of four members.

One of the most critical business difficulties that concerns her is lack of capital. She is requesting a loan in order to buy chicks to raise and sell. This is Yến's first loan with Thanh Hoa Fund for Poor Women.

In the future, Yến hopes to buy land of her own, to ensure that her children do well in school, and to make enough money to provide for her children.

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
  • 190
    View loans »
    Vietnam Loans Fundraising
  • $14,194,975
    Funds lent in using Kiva
  • 20,830.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 3.14.172.thieu Khanh Group's $1,025 loan helped a member to purchase chicks to raise and sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2012
Listed
Jul 21, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013