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3.14.277.05.thiệu Khánh Group
In this Group: Thái , Tuyết, Gái, Hồng, Hiển, Chắc
Mrs. Thái has a service business shipping goods. She is requesting a loan to purchase a boat to do a sand transportation service. Thái has been involved in this business for more than ten years. One of the most critical business difficulties that concern her is the lack of capital.

Thái is 59 years old and she is married with three children. Her children are grown up, so Thái supports no dependents with her business, which is in the Thieu Hoa district, a rural town in Thanh Hoa province.

In 2011, Thái joined Thanh Hoa Fund for Poor Women to improve her business. She has successfully repaid two loans from Thanh Hoa Fund for Poor Women. Thái is the group leader of the 3.14.277.05.Thiệu Khánh Solidarity group, which consists of six members.

With her business profit, Thái hopes for her business to do well, for her family to be healthy and happy, 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
  • 155
    View loans »
    Vietnam Loans Fundraising
  • $14,164,800
    Funds lent in using Kiva
  • 20,916.1
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 3.14.277.05.thiệu Khánh Group's $1,800 loan helped a member to purchase a boat to do a sand transport service.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
May 7, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014