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3.14.196.thiệu Khánh Group
In this Group: Thanh, Hưng, Sinh, Nguyệt, Mịnh
Thanh is 41 years old, married, and has 2 children. She has a manufacturing business making iron furniture. She supports 2 dependents with her business, which is located in Thieu Hoa district, a rural area in Thanh Hoa province. She has been involved in this business for 6 years. One of the most critical business difficulties that concerns her is a lack of capital. She is requesting a loan to purchase materials to make iron and aluminum goods for sale.

In 2011, Thanh joined Thanh Hoa Fund for Poor Women to improve her business, and has successfully repaid 2 loans from them. She is the group leader of the 3.14.196.Thiệu Khánh solidarity group, which consists of 5 members. With her profits from this loan, Thanh hopes to improve her business, buy more supplies and equipment for it, and remodel her house.

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
  • 88
    View loans »
    Vietnam Loans Fundraising
  • $14,449,625
    Funds lent in using Kiva
  • 20,837.7
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 3.14.196.thiệu Khánh Group's $1,800 loan helped a member to purchase materials to make iron and aluminum goods for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2012
Listed
Nov 13, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013