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3.14.291.14.thiệu Khánh Group
In this Group: Chút, Quế, Nga, Quê, Thúy
Chút is 60 years old and married with five children. Her children are grown and she has no dependents. For more than ten years, Chút has run a grocery where she sells dry food in Thieu Hoa district, a rural town in Thanh Hoa province. She joined the Thanh Hoa Fund for Poor Women in 2012 to improve her business and has successfully repaid two previous loans. Chút's greatest business challenge is her lack of capital.

Chút is the leader of the 3.14.291.14.Thiệu Khánh solidarity group, comprised of five members. She is requesting a loan to purchase general items to sell such as milk, sugar, candy, and processed seafood. Chút hopes to use the profit from her loan to maintain a successful business and buy land of her own. She hopes that her business will do well.

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
  • 118
    View loans »
    Vietnam Loans Fundraising
  • $13,354,625
    Funds lent in using Kiva
  • 21,039.4
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 3.14.291.14.thiệu Khánh Group's $1,675 loan helped a member to purchase milk, sugar, candy, and processed seafood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
Jun 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014