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12-01-08 Quảng Tâm Group
In this Group: Nga, Nga, Nguyệt, Lợi
Nga works in agriculture. She has been involved in this business for 5 years. One of her most critical business difficulties is a lack of capital. She is requesting a loan to purchase poultry and cattle to raise and then resell in the future.

Nga is 52 years old, and she is married with 3 adult children. She lives and works in Thanh Hoa City, an urban area in Thanh Hoa province.

This is Nga's first loan with Thanh Hoa Fund for Poor Women. She is the leader of a 4-member group, the 12-01-08 Quảng Tâm solidarity group.

In the future, Nga hopes for her family to be healthy and happy, for her children to find good jobs, and to travel within the country for vacation.

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
  • 82
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 21,052.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 12-01-08 Quảng Tâm Group's $1,025 loan helped a member to purchase poultry and cattle to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 21, 2013
Listed
Sep 22, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014