Check out some available loans that are similar to this one!
5 Nam Ngạn Group
In this Group: Ngọc, Nhung, Dung, Sáu, Hồng, Huệ
Mrs Ngọc operates a food stall selling vegetables. She is requesting a loan to purchase more vegetables for resale.

Ngọc is 52 years old and married with two children. She is the group leader of the 8.5 Nam Ngạn solidarity group, which consists of four members.
She lives and works in Thanh Hoa city, an urban area in Thanh Hoa province, with no dependents.

In 2008, Ngọc joined Thanh Hoa Fund for Poor Women to improve her business. Ngọc has successfully repaid five loans from Thanh Hoa Fund for Poor Women. She has been involved in this business for five years.

The main hardship that Ngọc faces in her business is the lack of capital.

With her business profit, Ngọc hopes for her family to be healthy and happy, for her children to find a good job, and for her business to do well.

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.

About Vietnam

  • $5,600
    Average annual income
  • 78
    View loans »
    Vietnam Loans Fundraising
  • $17,316,975
    Funds lent in using Kiva
  • 20,580.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 5 Nam Ngạn Group's $2,075 loan helped a member to purchase vegetables for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 14, 2011
Aug 4, 2011
Currency Exchange Loss:
Aug 15, 2012