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3.11.222.tt Vạn Hà Group
In this Group: Hợi , Phương, Thu , Hiền
Hợi is 58 years old. She is married and has three children. Hợi is the group leader of the 3.11.222.TT Vạn Hà solidarity group, which consists of four members. Her children are grown up, so Hợi supports no dependents with her business in Thieu Hoa district, a rural town in Thanh Hoa province.

Hợi operates a food stall/restaurant, selling fruit. Hợi has been involved in this business for more than 10 years. One of the most critical business difficulties that concerns her is the lack of capital.

In 2010, Hợi joined Thanh Hoa Fund for Poor Women to improve her business. Hợi has successfully repaid one loan from Thanh Hoa Fund for Poor Women. She is requesting a loan to purchase fruit to resell.

With her business profit, Hợi hopes to buy land of her own, to maintain a successful business, and to be able to buy more supplies and equipment for her business.

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
  • 187
    View loans »
    Vietnam Loans Fundraising
  • $14,187,950
    Funds lent in using Kiva
  • 20,834.2
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 3.11.222.tt Vạn Hà Group's $1,450 loan helped a member to purchase fruit to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 12, 2013
Listed
Jan 22, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014