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08-Pt2-01-Phú Sơn2 Group
In this Group: Mai, Hợp, Phương, Nhân, Lê
Mai has a retail business, selling groceries. She is requesting a loan to purchase biscuits, candy, and fruit to sell.

Mai is 28 years old and she is married, with two children. She is the leader of a five-member group, the 08-Pt2-01-Phú Sơn2 solidarity group.
She lives with two dependents and works in Thanh Hoa city, an urban area in Thanh Hoa province.

In 2011, Mai joined the Fund for Thanh Hoa Poor Women to improve her business. Mai has successfully repaid three loans from the Fund for Thanh Hoa Poor Women.

Mai has been involved in this business for five years. The main hardship that Mai faces in her business is the lack of capital. With her business profit, Mai hopes for her family to be healthy and happy, to buy land of her own, 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
  • 57
    View loans »
    Vietnam Loans Fundraising
  • $17,278,400
    Funds lent in using Kiva
  • 20,916.1
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 08-Pt2-01-Phú Sơn2 Group's $1,675 loan helped a member to purchase biscuits, candy, and fruit to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 2, 2013
Mar 5, 2013
Currency Exchange Loss:
Mar 17, 2014