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0604.thiệu Khánh Group
In this Group: Nga, Ngân, Phương, Hăng
Mrs Nga has a manufacturing business sewing clothes. She is requesting a loan to purchase more cloth to sew clothes and sell on.

Nga is 41 years old and she is married with two children. Nga is the group leader of the 0604 Thiệu Khánh solidarity group, which consists of three members. She lives and works in Thieu Hoa district, a rural area in Thanh Hoa province, with two dependents

In 2012, Nga joined Thanh Hoa Fund for Poor Women to improve her business. Nga has successfully repaid three loans from the Thanh Hoa Fund for Poor Women. Nga has been involved in her business for more than ten years. The main hardship that Nga faces in her business is the lack of capital.

With her business profits, Nga hopes to make enough money to provide for her kids, for her family to be healthy and happy, and to be able to buy more supplies and equipment for her business.

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.

Tags

About Vietnam

  • $725
    Average annual income
  • 77
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 21,195.4
    Vietnam Dong (VND) = $1 USD
Paying Back

This loan has been fully funded!

A portion of 0604.thiệu Khánh Group's $2,100 loan helped a member to purchase more cloth to sew clothes and sell on.
66% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2014
Listed
Jun 16, 2014
Currency Exchange Loss:
Possible