02.01.12 Đông Hải Group
Phượng is 50 years old and married with two children. She is the leader of a four-member group, the 02.01.12 Đông Hải solidarity group. She lives in Dong Hai commune, an urban area of Thanh Hoa City. She has no dependents since her children are adults.
This is Phượng's first loan with Thanh Hoa Fund of Poor Women. Phượng has been involved in this business for more than 10 years. The main hardship that Phượng faces in her business is a lack of capital.
Phượng hopes for her family to be healthy and happy and for her children to do well in school. With her business profit, she plans to buy a motorbike.
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
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Success!! The loan was 100% repaid