Check out some available loans that are similar to this one!
08-02-09 -Phú Sơn2 Group
In this Group: Bằng, Hồng, Lan, Học
Bằng operates a food stall/restaurant selling rice noodle. She is requesting a loan to purchase materials to make food to resell.

Bằng is 51 years old and she is married with 2 children. She is the group leader of the 04-08-02-Phú Sơn2 solidarity group, which consists of 4 members. Bằng lives and works in Thanh Hoa city, a urban area in Thanh Hoa province, with 2 dependents.

This is Bằng first loan with Thanh Hoa Fund of Poor Women. She has been involved in this business for 5 years. The main harship that Bằng faces in her business is the lack of capital.

With her business profit, Bằng hopes for her family to be healthy and happy, for her business to do well, and for her children to find a good job.

Additional Information

About Thanh Hoa Fund for Poor Women (FPW)

Thanh Hoa Fund for Poor Women (FPW) 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, FPW 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
  • 15
    View loans »
    Vietnam Loans Fundraising
  • $12,563,700
    Funds lent in using Kiva
  • 21,148.1
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 08-02-09 -Phú Sơn2 Group's $1,100 loan helped a member buy ingredients to make food to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 15, 2013
Aug 9, 2013
Currency Exchange Loss:
Aug 17, 2014