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11 Thôn 1 Hoa Lộc Group
In this Group: Như, Huê, Mạc, Cúc
Như is 44 years old and she is married with 2 children. She is the group leader of the 11 Thôn 1 Hoa Lộc solidarity group, which consists of 4 members.

Như works in agriculture, farming poultry and cattle. Như has been involved in this business for 5 years. One of the most critical business difficulties that concerns her are illnesses. She is requesting a loan to purchase baby livestock cattle to raise and sell in future.

In 2012, Như joined Thanh Hoa Fund for Poor Women to improve her business. Như has successfully repaid 4 loans from Thanh Hoa Fund for Poor Women.

With her business profit, Như hopes for her children to graduate from college, to build a new house, and for her business to do well.

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

  • $725
    Average annual income
  • 147
    View loans »
    Vietnam Loans Fundraising
  • $13,311,100
    Funds lent in using Kiva
  • 21,195.0
    Vietnam Dong (VND) = $1 USD
Paying Back

This loan has been fully funded!

A portion of 11 Thôn 1 Hoa Lộc Group's $1,525 loan helped a member to purchase baby livestock cattle to raise and sell in future.
91% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2014
Listed
Jun 9, 2014
Currency Exchange Loss:
Possible