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04.3.2 Nam Ngạn Group
In this Group: Liên, Ngoan, Hà, Thu, Loan
Mrs. Liên operates a food stall/restaurant selling snacks. She is requesting a loan to purchase materials to make the processed food to sell. Liên has been involved in this business for seven years. The main hardship that Liên faces in her business is lack of capital.

Liên is 50 years old and she is married with one child. She lives and works in Thanh Hoa city, an urban area in Thanh Hoa province, with one dependent.

In 2007, Liên joined Thanh Hoa Fund for Poor Women to improve her business. She has successfully repaid five loans from Thanh Hoa Fund for Poor Women. Liên is the group leader of the 04.3.2 Nam Ngan solidarity group, which consists of five members.

With her business profit, Liên hopes to build a new house, for her business to do well, and for her child to find a good job.

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
  • 96
    View loans »
    Vietnam Loans Fundraising
  • $14,759,350
    Funds lent in using Kiva
  • 20,835.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 04.3.2 Nam Ngạn Group's $1,700 loan helped a member to purchase materials to make the processed food to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 20, 2012
Aug 30, 2012
Currency Exchange Loss:
Sep 19, 2013