Check out some available loans that are similar to this one!
01.07.05 Đông Sơn Group
In this Group: Liên, Thu, Nương, Hương, Mây, Oanh
Mrs. Liên operates a food stall/restaurant where she sells fruit. She is requesting a loan to purchase fruit to resell.

Liên is 49 years old and is married with two children who are dependents.

Liên is the group leader of the 01.07.05 solidarity group, which consists of six members. She lives and works in the city of Thanh Hoa, an urban area in the province of Thanh Hoa.

In 2004, Liên joined the Thanh Hoa Fund for Poor Women to improve her business. Liên has successfully repaid four loans from the Thanh Hoa Fund for Poor Women.

Liên has been involved in this business for eight years.

One of the most critical business difficulties that concerns her is a lack of capital.

Liên hopes for her business to do well, for her children to do well in school, and for her family to be healthy and happy.

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
  • $13,737,100
    Funds lent in using Kiva
  • 20,818.8
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 01.07.05 Đông Sơn Group's $2,050 loan helped a member to purchase fruit to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 18, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013