A loan of $1,325 helped a member to purchase additional fabrics & materials.


6 Nam Sơn1 - Nam Ngan Group's story

Quy N. T. (23) is a 35 year-old female living in the town of T. Hoa. Quy is the group leader of a 6-member group loan offered by T. 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 04.1.6 Nam Ngan (02.04.1.6).


Quy is married and has 2 infant-aged children. To making a living, Quy owns & operates a business venture in the services sector operating a tailoring business. While not the onL. means for generating revenue, the main source of income for the business comes primariL. from providing general alteration & tailoring services to local community members. Quy has been engaged in this business for over 5 years and earns approximateL. 2.000.000 VND a month from these activities.


In 2010, Quy joined T. Hoa Fund for Poor Women to gain access to financial services to help improve her living situation and ability to engage in business activities. Quy is requesting for the first time a loan from T. Hoa Fund for Poor Women. She is now requesting a new loan of 4.248.000 VND which will be used to purchase additional fabrics & materials. The loan will be the 1st loan taken out by the borrower from T. Hoa Fund for Poor Women. Quy plans to use the additional revenue generated from the business to improve the general living conditions of the borrower's famiL..


About the Other Borrowers in the Group:


1. N. T. Lap (24) is a 52 year-old female who is requesting a 4.248.000 VND loan to support her business in the food sector running a food stall.


2. T. T. Ngoc (25) is a 28 year-old female who is requesting a 4.248.000 VND loan to support her business in the food sector running a food stall.


3. P. T. Thuy (26) is a 27 year-old female who is requesting a 4.248.000 VND loan to support her business in the services sector operating a service-based business.


4. N. T. Lien (27) is a 29 year-old female who is requesting a 4.248.000 VND loan to support her business in the agriculture sector raising livestock.


5. L. T. Ve (28) is a 56 year-old female who is requesting a 4.248.000 VND loan to support her business in the food sector making & selling food.


About T. Hoa Fund for Poor Women:

The mission of Fund for T. Hoa Poor Women (FPW) is to provide sustainable financial services to disadvantaged women in rural areas in the T. Hoa province.


*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costL., Kiva created this template for our Field Partner to allow them to continue to post loans in Vietnamese while providing quality and accurate information to Kiva lenders.

In this group: Quy, Lap, Ngoc, Thuy, Lien, Ve

Translated from Vietnamese by Kiva volunteer Alexandra J



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