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Nam's Group
In this Group: Nam, Kiệm, Lan, Tư
Nam is 31 years old and she is married with two children. Nam lives with two dependents in Hoang Hoa district, a rural town in Thanh Hoa province. Nam is the group leader of the 20505010003 Solidarity Group, which consists of four members.
Nam has been involved in this business for six years.

Nam is applying for a loan to purchase cattle to resell. She works in agriculture farming poultry and cattle.

This is Nam’s first loan with Thanh Hoa Fund of Poor Women. The main hardships that Nam faces in her business are natural disasters and droughts.

With her business profit, Nam hopes to make enough money to provide for her kids, for her business to do well, and for her children to do well in school.

Additional Information

About Thanh Hoa Fund for Poor Women (FPW)

Thanh Hoa Fund for Poor Women (FPW) 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, FPW 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
  • 124
    View loans »
    Vietnam Loans Fundraising
  • $13,015,875
    Funds lent in using Kiva
  • 21,075.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Nam's Group's $1,500 loan helped a member to purchase cattle to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2014
Listed
Mar 20, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015