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08.07.11- Đông Vệ Thanh Hoa Group
In this Group: Hiền, Hạnh, Bính
Hiền is 31 years old and married with 2 children. She lives and works in Thanh Hoa city, a semi-urban area in the Thanh Hoa province, with 2 dependents. Mrs Hiền has a manufacturing business making stone furniture. Hiền has been involved in this business for 5 years. The main harship that Hiền faces in her business is the lack of capital. She is requesting a loan to purchase material to make stone furniture to sell.

She is the leader of a 3-member group, the 11 Đông Vệ solidarity group. In 2010, Hiền joined Thanh Hoa Fund for Poor Women to improve her business. Hiền has successfully repaid 2 loans from Thanh Hoa Fund for Poor Women. In the future, Hiền hopes for her children to do well in school, for her business to do well, and to be able to buy more supplies and equipment for her business.

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
  • 129
    View loans »
    Vietnam Loans Fundraising
  • $16,231,400
    Funds lent in using Kiva
  • 21,005.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 08.07.11- Đông Vệ Thanh Hoa Group's $775 loan helped a member to purchase material to make stone furniture to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 19, 2011
Nov 10, 2011
Currency Exchange Loss:
Nov 15, 2012