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3.1.10 Quảng Hưng Thanh Hoa Group
In this Group: Tráng, Thởi, Chiến
Mrs Tráng runs a horse cart transport service. She is requesting a loan to purchase a carriage for the transport service. She has been involved in this business for five years. Tráng is 49 years old and she is married with three children. She lives with one dependent in Thanh Hoa city, an urban town in Thanh Hoa province. The main hardship that Tráng faces in her business is lack of capital. With her business profit, Tráng hopes for her children to find good jobs, for her family to be healthy and happy, and for her business to do well.

In 2008, Tráng joined Thanh Hoa Fund for Poor Women to improve her business. Tráng has successfully repaid six loans from Thanh Hoa Fund for Poor Women. She is the leader of this three member group, the 3.1.10 Quảng Hưng solidarity group.

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
  • 125
    View loans »
    Vietnam Loans Fundraising
  • $14,491,450
    Funds lent in using Kiva
  • 21,005.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 3.1.10 Quảng Hưng Thanh Hoa Group's $1,150 loan helped a member to purchase a carriage for a transport service.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2011
Listed
Nov 17, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013