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45.thiệu Dương-Thiệu Hoá Group
In this Group: Chúc, Nga, Mộc
Chuc is 53 years old. She is married and has 3 children and supports 1 additional dependent. She is the group leader of the 9.1.45.Thieu Duong solidarity group, which consists of 3 members. She lives and works in Thieu Hoa district, a rural area in Thanh Hoa province.

Chuc works in agriculture, raising poultry and cattle. She has been involved in this business for 8 years. She is requesting a loan to invest in her business. This is her first loan with Thanh Hoa Fund of Poor Women.

The main harship that Chuc faces in her business is the lack of capital. With her profits, she hopes to make her business more successful and to remodel her house.

Additional Information

About Thanh Hoa Fund for Poor Women (FPW)

Thanh Hoa Fund for Poor Women (FPW) 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, FPW 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

  • $725
    Average annual income
  • 125
    View loans »
    Vietnam Loans Fundraising
  • $13,224,825
    Funds lent in using Kiva
  • 20,550.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 45.thiệu Dương-Thiệu Hoá Group's $700 loan helped a member buy baby livestock.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2011
Listed
May 28, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012