Check out some available loans that are similar to this one!
02.06.5 Đông Hải Group
In this Group: Thoa, Vân, Phương, Hòa
Thoa is applying for a loan to purchase material to make soup. She operates a food stall/restaurant selling soup. Thoa has been involved in this business for 2 years. The main hardship that Thoa faces in her business is the lack of capital.

Thoa is 42 years old and she is married with 2 children. She lives with 1 dependent in Thanh Hoa city, an urban town in Thanh Hoa province; she has another child who is grown up.

Thoa is the group leader of the 02.06.05 Đông Hải solidarity group, which consists of 4 members. This is Thoa's first loan with Thanh Hoa Fund of Poor Women.

With her business profits, Thoa hopes for her family to be healthy and happy, for her business to do well, and for her children to do well in school.

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
  • 189
    View loans »
    Vietnam Loans Fundraising
  • $14,213,000
    Funds lent in using Kiva
  • 21,081.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 02.06.5 Đông Hải Group's $1,725 loan helped a member to purchase material to make soup.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2014
Listed
Mar 8, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015