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3.05.345.9.thiệu Trung Group
In this Group: Nụ, Hằng, Hiền, Xuân
Nụ is 29 years old and married with two children. She lives and works in works in Thieu Hoa district, a rural area in Thanh Hoa province. For the past five years, Nụ has worked in agriculture, farming poultry and cattle. She joined Thanh Hoa Fund for Poor Women in 2013 to improve her business. Nụ has successfully repaid one previous loan from Thanh Hoa Fund for Poor Women. Her main business hardship is the lack of capital

Nụ is the leader of the 3.05.345.9.Thiệu Trung solidarity group, which has four members. She will use her portion of the loan to purchase baby cattle to raise and sell in the future. Nụ will use the profit from her loan to maintain a successful business. She hopes that her business will do well and that she will be able to buy more supplies and equipment.

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
  • 146
    View loans »
    Vietnam Loans Fundraising
  • $13,254,975
    Funds lent in using Kiva
  • 21,276.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 3.05.345.9.thiệu Trung Group's $1,575 loan helped a member to purchase baby cattle to raise and sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 27, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014