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5.5 Hoằng Thịnh Hoằng Hoá Group
In this Group: Khánh, Tới, Loan, Huyền
Mrs Khánh works in agriculture, raising poultry and cattle. She is requesting a loan to purchase baby cattles to raise and sell in future.

Khánh is 29 years old and she is married with 2 children. She is the leader of a 4-member group, the 5.5 Hoằng T.nh Hoằng Hoá solidarity group. Khánh lives with 2 dependents in Hoằng Hoá district, a rural town in Thanh Hoa province.

In 2008, Khánh joined Thanh Hoa Fund for Poor Women to improve her business. Khánh has successfully repaid 3 loans from Thanh Hoa Fund for Poor Women. Khánh has been involved in her business for 6 years. Among the most critical business difficulties that concern her are natural disasters and droughts.

With her business profit, Khánh hopes to make enough money to provide for her kids 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
  • 124
    View loans »
    Vietnam Loans Fundraising
  • $13,015,875
    Funds lent in using Kiva
  • 20,830.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 5.5 Hoằng Thịnh Hoằng Hoá Group's $1,025 loan helped a member to purchase baby cattles to raise and sell in the future.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2011
Listed
Sep 12, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012