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3.05.96.06.thiệu Trung Group
In this Group: Viên , Ngọc, Chiến, Thúy
Mrs. Viên works in agriculture farming vegetable seedlings. She is requesting a loan to purchase vegetable seedlings to grow and sell in the future.

Viên is 35-years-old and she is married with two children. Viên is the group leader of the 3.05.96.06.Thiệu Trung solidarity group, which consists of four members. She lives and works in the Thieu Hoa district, a rural area in Thanh Hoa province, with no dependents, her children are grown up.

In 2013, Viên joined Thanh Hoa Fund for Poor Women to improve her business. Viên has successfully repaid one loan from Thanh Hoa Fund for Poor Women. Viên has been involved in this business for more than 10 years. The main hardship that Viên faces in her business is the lack of capital.

With her business profit, Viên hopes for her business to do well, to make enough money to provide for her kids, and to be able to buy more supplies and equipment for her business.

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

  • $5,600
    Average annual income
  • 188
    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 3.05.96.06.thiệu Trung Group's $1,425 loan helped a member to purchase vegetable seedlings to grow and sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2013
Listed
Jan 5, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015