Group 08 has five members. They live in Ái Sơn village number 1, Đông Hải commune, a poor village in Thanh Hoá province. Mrs. Lê Thị N., 49 years old, is the group leader. Each day, in addition to working in the rice fields, she spends part of her day going to the market to buy fruit, which she then sells door to door in order to earn some more income. Her husband, Trần Văn Năm, is a rice farmer. They have two children, an older daughter who has already married and a younger son who has not yet left home. Mrs. N. hopes to borrow 3,079,800 VND (~180USD) to invest expanding her fruit sales.
The other members of the group are requesting loans of the same amount.
Mrs. N. Thị Hương will use her loan to buy fruit which she can resell.
Mrs. N. Thị Huệ will use her loan to buy breeding hens.
Mrs. N. Thị Kha will use her loan to buy breeding hens.
Mrs. N. Thị Sen will use her loan to invest in a small grocery shop she runs from her home.
* Nhóm 08 gồm 5 thành viên sống tại thôn Ái Sơn 1 xã Đông Hải,là một thôn nghèo của tỉnh Thanh Hoá .Chị Lê Thị N. làm nhóm trưởng ,năm nay chị 49 tuổi ,hàng ngày ngoài việc đồng áng, chị còn tranh thủ thời gian lên chợ mua hoa quả đi bán rong để có thêm thu nhập.Chồng chị là Trần Văn Năm ,làm ruộng.Gia đình chị có 2 người con , con gái đầu đã có gia đình riêng. Con trai út hiện chưa có việc làm.Chị đang vay mức tiền là 3.079.800 VNĐ~180USD để đầu tư thêm vốn vào mua trái cây để bán.Các thành viên trong nhóm có cùng mức vay với chị.
* Chị N. Thị Hương vay vốn để mua trái cây về bán.
* Chị N. Thị Huệ vay vốn để mua gà giống về nuôi.
* Chị N. thị Kha vay vốn để mua gà giống về nuôi.
* Chị N. Thị Sen vay vốn để đàu tư vào hàng tạp hoá tại nhà.
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.