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030710-Đông Xuân Vi-Hoằng Thanh- Hoang Hoa Group
In this Group: Thích, Thuận, Thuỷ, Chúc , Bích
Mrs Thích works in agriculture, farming poultry and cattle. She is requesting a loan to purchase baby poultry to raise and resell.

Thích is 56 years old. She is married and has 2 children. She is the leader of a 5-member group, the 030710-Đông Xuân Vi-Hoằng Thanh solidarity group.
She lives and works in Hoang Hoa district, a rural area in Thanh Hoa province, with 2 dependents.

In 2010, Thích joined Thanh Hoa Fund for Poor Women to improve her business. Thích has successfully repaid 2 loans from Thanh Hoa Fund for Poor Women. Thích has been involved in this business for 4 years. One of the most critical business difficulties that concerns her is the lack of capital.

With her business profit, Thích hopes to make enough money to provide for her kids, to maintain a successful business, and to be able to buy more supplies and equipment for her business.

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
  • 86
    View loans »
    Vietnam Loans Fundraising
  • $14,420,500
    Funds lent in using Kiva
  • 21,009.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 030710-Đông Xuân Vi-Hoằng Thanh- Hoang Hoa Group's $775 loan helped a member to purchase baby poultry to raise and resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012