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3.14.175.thieu Khanh Group
In this Group: Thanh, Hoa, Ngân, Hồng, Nhung, Phượng
Mrs. Thanh, age 29, operates a small refreshment bar where she sells beverages such as coffee, tea, and soft drinks, as well as snack foods. She has been engaged in this business for two years. She lives with her husband in a rural town in Thanh Hoa province. She is the group leader of the 3.14.175.Thieu Khanh solidarity group, which consists of six members.

One of the most critical business difficulties that concerns her is lack of capital. Mrs. Than is requesting a loan in order to purchase materials to replenish her refreshment bar. This will be her first loan with Thanh Hoa Fund for Poor Women.

With her business profit, Mrs. Thanh plans to keep her family healthy and happy, to eventually buy land of her own, and to be able to buy more supplies and equipment for her business.

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

  • $725
    Average annual income
  • 111
    View loans »
    Vietnam Loans Fundraising
  • $13,685,700
    Funds lent in using Kiva
  • 20,830.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 3.14.175.thieu Khanh Group's $1,550 loan helped a member to purchase materials to replenish her refreshment bar with such items as coffee, tea, soft drinks, and snack foods.
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