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03-8-87-Quang Hung Group
In this Group: Hướng, Hà*, Dung, Tuệ, Thu, Lan, Sử
* not pictured
Hướng works in agricultural farming raising poultry and cattle. She is requesting a loan to purchase baby livestock to raise and resell in the future. Hướng has been involved in this business for more than 10 years.

Hướng is 44-years-old and she is married with 2 children. She lives and works in Thanh Hoa city, a semi-urban area in Thanh Hoa province, with no dependents, 2 children left school and they can work to support themseft.

Hướng is the group leader of the 03-8-87-Quảng Hưng solidarity group, which consists of 7 members. This is Hướng's first loan with Thanh Hoa Fund of Poor Women.

The main harship that Hướng faces in her business is the lack of capital. With her business profit, Hướng hopes for her family to be healthy and happy, for her business to do well, and for her children to 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

  • $5,600
    Average annual income
  • 71
    View loans »
    Vietnam Loans Fundraising
  • $15,283,775
    Funds lent in using Kiva
  • 20,810.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 03-8-87-Quang Hung Group's $1,275 loan helped a member to purchase baby livestock to raise and resell in the future.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 13, 2012
Apr 23, 2012
Currency Exchange Loss:
Apr 20, 2013