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03.5.90 Quảng Hưng Group
In this Group: Vui, Oanh, Lý, Thương, Len, Ly
Mrs. Vui works in agriculture. She raises poultry and cattle. She is requesting a loan to purchase baby cattle to raise and sell in the future.

Vui is 47 years old and married with two children. She is the leader of a six-member group, the 90 Quảng Hưng Solidarity group. Vui lives with two dependents in Thanh Hoa city, an urban town in Thanh Hoa province.

This is Vui's first loan with Thanh Hoa Fund of Poor Women. Vui has been involved in this business for five years. The main hardship that Vui faces in her business is the lack of capital.

With her business profit, Vui hopes to build a new house. She hopes that her family will be healthy and happy and that her children will find a good job.

Additional Information

About Thanh Hoa Fund for Poor Women (FPW)

Thanh Hoa Fund for Poor Women (FPW) 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, FPW 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
  • 57
    View loans »
    Vietnam Loans Fundraising
  • $12,974,825
    Funds lent in using Kiva
  • 20,840.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 03.5.90 Quảng Hưng Group's $1,550 loan helped a member to purchase more cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
May 29, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013