Check out some available loans that are similar to this one!
02010325_Bắc Sơn, Hoằng Phụ Group
In this Group: Thái, Lợi, Thảo, Lài, Hương, Luận, Lực*
* not pictured
Thái is applying for a loan to purchase fish to resell. She operates a food stall/restaurant selling fish. Thái is 52 years old and she is married with 3 children. She is the leader of a 7-member group, the 02010325_Bắc Sơn, Hoằng Phụ solidarity group. Thái supports no dependents with her business in Hoang Hoa district, a rural town in Thanh Hoa province.

In 2012, Thái joined the Thanh Hoa Fund for Poor Women to improve her business. Thái has successfully repaid 1 loan from the Thanh Hoa Fund for Poor Women. Thái has been involved in this business for more than 10 years. One of the most critical business difficulties that concerns her is the lack of capital. With her business profit, Thái hopes for her business to do well and to build a new house.

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.

Tags

About Vietnam

  • $725
    Average annual income
  • 129
    View loans »
    Vietnam Loans Fundraising
  • $13,738,050
    Funds lent in using Kiva
  • 21,106.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 02010325_Bắc Sơn, Hoằng Phụ Group's $3,200 loan helped a member to purchase fish to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2013
Listed
Dec 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015