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Noong Luong 10 Group
In this Group: Thuy, Phung, Hinh, Xien, Thanh, Thien, Thong, Hung, Hong, Panh, Dung, Hinh, Anh*, San*, Nhung*
* not pictured
Mrs. Panh is a 48-year-old Thai woman living with her other six family members in a small old Thai traditional house. Her family members include her husband, her mother-in-law, a son and his wife, a daughter and a grandchild. Her grandchild is in grade 5 while her daughter is studying in college. Her husband works for local construction employers and her son and his wife work at agricultural production with her to provide for the whole family. Their main activities are cultivating paddy rice fields, breeding fish, pigs, chickens, musk ducks and planting vegetables for the family's use.

Panh has always wanted to develop and expand her business to cover living expenses for her family better, but she didn't know how, because she had neither much capital nor understanding about new techniques for efficient farming. This situation changed since the day she met Anh Chi Em Program and took out the first loan from here. Indeed, Panh used the loans to buy piglets, and with some training sessions, she gained much profit from raising pigs and selling them. This is the fourth time she has had a loan in the program and she intends to buy small fish because the fish she raised caught a disease and they all died. She hopes that with the guidance of an agricultural worker in Anh Chi Em, these situations will never occur again.

Panh dreams her son will find a better job, her daughter will be successful in her career after graduation, and she will have enough money to build a new house for her family because the current house is too old and small for her big family. In the picture, Panh is standing first from the right.

Additional Information

More information about this loan

Anh Chi Em (ACE) is an International NGO microfinance program that supports vulnerable and marginalized individuals in the severely underserved regions of Dien Bien and Muong Ang District in Dien Bien Province and in Northern Vietnam. Launched in 2007 by the French non-profit Entrepreneurs du Monde, ACE focuses on the financial inclusion of women from marginalized ethnicities and those affected by AIDS.
ACE offers two types of flexible loans alongside a voluntary savings program. The amortizing and bullet loans provide borrowers with key capital at an interest rate of 18%, compared to the national averages of 23.01%. The savings program pays clients 6% returns per annum.
Kiva lender’s funds help ACE to expand its services into new communes and more districts and offer loans to more vulnerable individuals. 

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
  • 84
    View loans »
    Vietnam Loans Fundraising
  • $17,316,975
    Funds lent in using Kiva
  • 21,199.9
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Noong Luong 10 Group's $3,650 loan helped a member to buy small fish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 16, 2014
Jun 17, 2014
Currency Exchange Loss:
Sep 30, 2015