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02130602 Thôn Hiệp Thành _Hoằng Kim Group
In this Group: Mùi , Thuý, Hoà , Vân , Mười
Mùi has a retail grocery store business. She is requesting a loan to purchase general things such as milk, sugar, candy, and biscuits to resell.
Mùi is 34 years old and she is married with two children.
She is the leader of a five-member group, the 02130602 Thôn Hiệp Thành _Hoằng Kim solidarity group.
Mùi supports her dependents with her business in Hoang Hoa district, a rural town in Thanh Hoa province.

This is Mùi first loan with Thanh Hoa Fund of Poor Women.
Mùi has been involved in this business for eight years.
The main hardship that Mùi faces in her business is the lack of capital.

In the future, Mùi hopes to make enough money to provide for her kids, to be able to buy more supplies and equipment for her business, and for her children to do well in school.

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
  • 148
    View loans »
    Vietnam Loans Fundraising
  • $13,311,100
    Funds lent in using Kiva
  • 20,924.3
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 02130602 Thôn Hiệp Thành _Hoằng Kim Group's $1,275 loan helped a member to purchase general things such as milk, sugar, candy, and biscuits to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2013
Listed
May 14, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014