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Chung's Group
In this Group: Chung, Hà, Liên, Thành, Nhâm, Giáp
Mrs. Nhâm works in agriculture, raising poultry and cattle. She is requesting a loan to purchase more poultry and cattle to raise and resell in the future. She has been involved in this business for 2 years. One of the most critical business difficulties that concerns her is the lack of capital.

She is 58 years old and married with one child. She is the leader of a 6-member group, the "01.05.11 Đông Sơn solidarity group". She lives with her one dependent in Thanh Hoa city, an urban town in Thanh Hoa province.

This is Nhâm's first loan with Thanh Hoa Fund of Poor Women. With her business profit, Nhâm hopes for her family to be healthy and happy, for her child 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
  • 73
    View loans »
    Vietnam Loans Fundraising
  • $17,284,100
    Funds lent in using Kiva
  • 20,903.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Chung's Group's $1,525 loan helped a member to purchase poultry and cattle to raise and resell in the future.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 11, 2013
Apr 20, 2013
Currency Exchange Loss:
May 17, 2014