Check out some available loans that are similar to this one!
040133 Giang Sơn - Hoằng Trường-Hoằng Hoá Group
In this Group: Hương, Lý, Lý, Sinh, Sáu
Mrs. Hương, a 30-year-old married mother of two residing in Hoang Hoa district, a rural town in Thanh Hoa province, is the leader of a five-member group, the 040133 Giang Sơn - Hoằng Trường-Hoằng Hoá solidarity group. For more than 10 years, Hương has operated a fishing enterprise that supports two dependents. Her main business hardships are natural disasters and droughts.



In 2006, Hương joined Thanh Hoa Fund for Poor Women to improve her business, and has borrowed and repaid six loans thus far. She is now requesting a loan to purchase a new fishing net.



In the future, Hương hopes to buy land of her own, earn enough money to provide for her children, and enable her business to continue to do well.

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
  • 125
    View loans »
    Vietnam Loans Fundraising
  • $13,745,925
    Funds lent in using Kiva
  • 20,831.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 040133 Giang Sơn - Hoằng Trường-Hoằng Hoá Group's $1,500 loan helped a member to purchase a fishing net.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2012
Listed
Aug 26, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013