09 - Quảng Hưng Group
Ms. Nguyen Thi Dung, 24 years old, borrows to buy pigs to raise
Ms. Nguyen Thi Mai, 27 years old, borrows to buy fruits such as oranges, mandarins, apples, pears to resell
Ms. Lam Thi Hang, 46 years old, borrows to buy fertilizer for her farm
Ms. Nguyen Thi Tham borrows to buy rice to resell
Ms. Nguyen Thi Thiet, 25 years old, borrows to buy hair-dressing tools
Please note that Ms. Dung is not in the picture as she is at the hospital taking care of her father in law who is hospitalized.
* Chị N. Thị Dung năm nay 24 tuổi, chị vay vốn để mua lợn giống.
* Chị N. Thị Mai năm nay 27 tuổi, chị vay vốn để mua cam, quýt, táo, lê đi bán.
* Chị L. Thị Hằng năm nay 46 tuổi, chị vay vốn để mua phân bón ruộng.
* Chị N. Thị Thắm vay vốn để mua gạo bán.
* Chị N. Thị Thiết năm nay 25 tuổi, vay vốn để mua phụ kiện cắt tóc.
* Trong ảnh chị Dung không có mặt vì bố chị bị ốm và đang nằm bệnh viện nên chị phải ở dưới bệnh viện để chăm sóc ông.
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.
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