Funded

Total loan: $2,375
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1 Dong Son Group

Vietnam
Thanh Hoá, Vietnam / Food Production/Sales

A loan of $2,375 helped a member to purchase additional products to sell.


1 Dong Son Group's story

Đông Lê Thị is a 58 year old female living in the town of Thành Phố Thanh Hoá. Đông is the group leader of a 7-member group loan offered by Thanh Hoa Fund for Poor Women. While each member of the group receives an individual loan, they all are responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. The official name of this borrowing group is 1 Đông Sơn (10.05.001).

Đông is married and has 4 adult-aged children. To making a living, Đông owns & operates a business venture in the retail sector running a food stall. While not the only means for generating revenue, the main source of income for the business comes primarily from selling snacks & other delicacies in the local community. Đông has been engaged in this business for over 4 years and earns approximately 1.500.000 VND a month from these activities.

In 2007, Đông joined Thanh Hoa Fund for Poor Women to gain access to financial services to help improve her living situation and ability to engage in business activities. Đông has successfully repaid a previous loan of 2.442.600 VND from Thanh Hoa Fund for Poor Women. This previous loan was used to purchase additional fruit to sell. She is now requesting a new loan of 6.000.000 VND which will be used to purchase additional products to sell. The loan will be the 4th loan taken out by the borrower from Thanh Hoa Fund for Poor Women. Đông plans to use the loan to buy fruit to resell.

About the Other Borrowers in the Group:

1. Đỗ Thị Hoà is a 34 year old female who is requesting a 6.000.000 VND loan to support her business in the fruit sector buying & reselling fruit. 2. D. Thị Mai is a 26 year old female who is requesting a 6.000.000 VND loan to support her business in the food sector operating a butcher shop. 3.

In this group: Đông, Hoà, Mai, Điều, Liên, Lễ, Tâm
*not pictured



Loan details

Loan length:

22 months
Disbursed date: May 11, 2009
Facilitated by Field Partner: Thanh Hoa Microfinance Institution Limited Liability

Lenders and lending teams



Loan details

Loan length:

22 months
Disbursed date: May 11, 2009
Facilitated by Field Partner: Thanh Hoa Microfinance Institution Limited Liability