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3.4.296.14.thiệu Phúc Group
In this Group: Tư, Hoàng, Lĩnh, Minh
Mrs.Tư is 50 years old, and married with three children, but no dependents. Tư works in the agriculture business, raising poultry and cattle. Her business is in the Thieu Hoa district, a rural town in Thanh Hoa province. Tư has been involved in this business for over ten years. One of the most critical business difficulties concerning her is the lack of capital.


Tư is the group leader of the 3.4.296.14.Thiệu Phúc solidarity group, which consists of four members. In 2012, Tư joined Thanh Hoa Fund for Poor Women to improve her business. She has successfully repaid two loans from Thanh Hoa Fund for Poor Women.

She is requesting a loan to purchase calves to raise, and then sell.

In the future, Tư hopes her business will do well, that she can 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

  • $725
    Average annual income
  • 172
    View loans »
    Vietnam Loans Fundraising
  • $13,311,100
    Funds lent in using Kiva
  • 21,039.4
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 3.4.296.14.thiệu Phúc Group's $1,225 loan helped a member to purchase calves to raise and sell in the future.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2013
Listed
Jun 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014