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03-01-02-Quảng Hưng Group
In this Group: Tuyên, Hà, Huệ, Tươi, Ngợi , Hương
Tuyên has a retail business selling fruits and vegetables. She is requesting a loan to purchase more fruits and vegetables to resell. Tuyên has been involved in this business for 4 years. The main hardship that Tuyên faces in her business is the lack of capital.

She is 33 years old and she is married with 2 children. She supports them with her business, which is in Thanh Hoa city, a semi-urban town in Thanh Hoa province. Now, she is the group leader of the 03-01-02-Quảng Hưng solidarity group, which consists of 6 members. This is Tuyên first loan with Thanh Hoa Fund of Poor Women.

In the future, Tuyên hopes for her family to be healthy and happy, for her business to do well, and to build a new 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

  • $725
    Average annual income
  • 126
    View loans »
    Vietnam Loans Fundraising
  • $13,738,050
    Funds lent in using Kiva
  • 20,825.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 03-01-02-Quảng Hưng Group's $1,550 loan helped a member to purchase fruits and vegetables to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2012
Listed
Nov 26, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013