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Nhóm 02 Thôn Lý Nam Xã Thăng Bình Group
In this Group: Hoa, Vẽ, Chính
Mrs. Hoa works in agriculture raising poultry. She is requesting a loan to purchase more baby poultry to raise and sell in future.

Hoa is 36 years old and she is married with 2 children. She is the group leader of the Nhóm 02 Thôn Lý Nam Xã Thăng Bình solidarity group, which consists of 3 members.

In 2012, Hoa joined Thanh Hoa Fund for Poor Women to improve her business. Hoa has successfully repaid 1 loan from Thanh Hoa Fund for Poor Women. Hoa has been involved in this business for 7 years. The main hardship that Hoa faces in her business is the lack of capital.

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

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.

Tags

About Vietnam

  • $725
    Average annual income
  • 157
    View loans »
    Vietnam Loans Fundraising
  • $13,311,075
    Funds lent in using Kiva
  • 21,213.4
    Vietnam Dong (VND) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Nhóm 02 Thôn Lý Nam Xã Thăng Bình Group's $1,475 loan helped a member to purchase more baby poultry to raise and sell in future.
75% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2014
Listed
Aug 18, 2014
Currency Exchange Loss:
Possible