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05.01.05 Điện Biên Group
In this Group: Tiến , Chi, Yên, Diệp
Mrs. Tiến operates a food stall/restaurant selling nem chua (fermetter/cured pork). Tiến has been involved in this business for more than 10 years. Tiến is 50 years old and she is married with two children. She lives with one dependent child in Thanh Hoa city, a urban town in Thanh Hoa province, the other one of her children is grown up.

She is requesting a loan to purchase materials to make pork pies and fermented pork rolls to sell. She is the leader of a four-member group, the 05 Chợ Điện Biên solidarity group. In 2009, Tiến joined Thanh Hoa Fund for Poor Women to improve her business. Tiến has successfully repaid four loans from Thanh Hoa Fund for Poor Women.

The main harship that Tiến faces in her business is the lack of capital. With her business profit, Tiến hopes to build a new house, for her business to do well, and for her family to be healthy and happy.

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
  • 148
    View loans »
    Vietnam Loans Fundraising
  • $16,208,900
    Funds lent in using Kiva
  • 20,920.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 05.01.05 Điện Biên Group's $1,425 loan helped a member to purchase materials to make pork pies and fermented pork rolls to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 10, 2012
Jun 21, 2012
Currency Exchange Loss:
Jul 17, 2013