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3.12.316.8.tt Vạn Hà Group
In this Group: Lan, Hoa, Phương, Diệp, Hương, Hà
Lan works in agriculture farming poultry and cattle. She is requesting a loan to purchase baby poultry to raise and sell in the future.

Lan is 24 years old and she is married with two children. She is the group leader of the 3.12.316.8.TT Vạn Hà solidarity group, which consists of six members. Lan supports two dependents with her business in Thieu Hoa district, a rural town in Thanh Hoa province.

In 2010, Lan joined Thanh Hoa Fund for Poor Women to improve her business. She has successfully repaid one loan from Thanh Hoa Fund for Poor Women. Lan has been involved in her business for three years. One of the most critical business difficulties that concerns her is the lack of capital.

With her business profit, Lan 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

  • $725
    Average annual income
  • 163
    View loans »
    Vietnam Loans Fundraising
  • $13,311,075
    Funds lent in using Kiva
  • 21,148.1
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 3.12.316.8.tt Vạn Hà Group's $2,125 loan helped a member to purchase baby poultry to raise and sell in the future.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2013
Listed
Aug 9, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014