Check out some available loans that are similar to this one!
3.09.13.04Thiệu Dương Group
In this Group: Thúy, Quỳnh, Hoa
Mrs. Thúy works in agriculture farming poultry and cattle. She is requesting a loan to purchase baby livestock cattle to raise and sell in the future.

Thúy is 35-years-old and she is married with four children. Thúy is the group leader of the 3.09.13.04 Thiệu Dương solidarity group, which consists of three members. She lives and works in Thanh Hoa city, a rural area in Thanh Hoa province, with four dependents.

This is Thúy's first loan with Thanh Hoa Fund of Poor Women. Thúy has been involved in this business for more than 10 years. The main hardship that Thúy faces in her business is the lack of capital.

In the future, Thúy hopes for her business to do well, for her children to find a good job, and to make enough money to provide for her kids.

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

  • $5,600
    Average annual income
  • 197
    View loans »
    Vietnam Loans Fundraising
  • $14,213,925
    Funds lent in using Kiva
  • 21,075.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 3.09.13.04Thiệu Dương Group's $1,075 loan helped a member to purchase baby livestock cattle to raise and sell in the future.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 26, 2013
Listed
Jan 5, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015