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010703 Tân Xuân - Hoằng Phụ Group
In this Group: Lan, Phượng , Ngoan, Liên , Thiết , Toan
Lan operates a food stall selling fish. She is asking for a loan to purchase net for fishing.

Lan is 24 years old, and she is married with 1 child. She is the leader of a 6-member group, the 010703 Tân Xuân - Hoằng Phụ solidarity group. Lan supports her family with her business in the Hoang Hoa district, a rural town in Thanh Hoa province.

This is Lan's first loan with Thanh Hoa Fund for Poor Women. Lan has been involved in her business for 5 years. The main difficulty that Lan faces in her business is the lack of capital.

In the future, Lan hopes for her business to do well, to make enough money to provide for her family and to reinvest in 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
  • 73
    View loans »
    Vietnam Loans Fundraising
  • $17,316,975
    Funds lent in using Kiva
  • 20,833.3
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 010703 Tân Xuân - Hoằng Phụ Group's $1,550 loan helped a member to purchase net for fishing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 24, 2013
Jan 30, 2013
Currency Exchange Loss:
Feb 17, 2014