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0402017-Liên Minh-Hoằng Trường Hoang Hoa Group
In this Group: Thư, Cỏn, Hồng, Niên, Vông
Thư operates a food stall where she sells fish. She is requesting a loan to maintain her fishing boat to catch fish to sell. Thư has been involved in this business for more than 10 years.

Thư is 47 years old and is married with three children. She lives and works in Hoang Hoa district, a rural area in the Thanh Hoa province, with one dependent.

She is the leader of a five-member group, the 0402017-Liên Minh-Hoằng Trường Hoang Hoa solidarity group. In 2010, Thư joined the Fund for Thanh Hoa Poor Women to improve her business. Thư has successfully repaid two loans from the Fund for Thanh Hoa Poor Women.

One of the most critical business difficulties that concerns her is the lack of capital. With her business profit, Thư hopes to maintain a successful business, make enough money to provide for her kids, and be healthy and happy.

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 0402017-Liên Minh-Hoằng Trường Hoang Hoa Group's $1,275 loan helped a member to maintain her fishing boat to catch fish to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 22, 2011
Listed
Nov 20, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012