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74-Quảng Hưng Group
In this Group: Thiện, Tuệ, Khuyên
Mrs. Thiện works in agriculture farming poultry and cattle. She is requesting a loan to to purchase pigs and chickens and ducks to raise.

Thiện is 56 years old and she is married with four children. Thiện is the group leader of the 03.7.74.Quảng Hưng solidarity group, which consists of three members. She lives and works in Thanh Hoa city, a semi-urban area in Thanh Hoa province, and she has no dependents

In 2010, Thiện joined Thanh Hoa Fund for Poor Women to improve her business. Thiện has successfully repaid two loans from Thanh Hoa Fund for Poor Women. Thiện has been involved in this business for more than 10 years. The main hardship that Thiện faces in her business is the lack of capital.

With her business profit, Thiện hopes for her business to do well, for her family to be healthy and happy, and she hopes her children will find a good job.

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

  • $725
    Average annual income
  • 126
    View loans »
    Vietnam Loans Fundraising
  • $13,737,100
    Funds lent in using Kiva
  • 21,026.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 74-Quảng Hưng Group's $700 loan helped a member to purchase pigs and chickens and ducks to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 24, 2011
Listed
Jan 11, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013