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3.4.184.thiệu Phúc Group
In this Group: Độ, Nga, Luyến, Lịch, Hùng
Mrs. Độ works in agriculture, farming poultry and cattle. Độ has been involved in this business for more than ten years. One of the most critical business difficulties that concerns her is the lack of capital. She is requesting a loan to purchase baby poultry to raise and sell in the future.

Độ is 53 years old and she is married with three grown up children. Độ supports no dependents with her business in Thieu Hoa district, a rural town in Thanh Hoa province.

Độ is the group leader of the 3.4.184.Thiệu Phúc solidarity group, which consists of five members. This is Độ’s first loan with Thanh Hoa Fund for Poor Women.

With her business profit, Độ hopes to buy land of her own, for her business to do well, and to be able to buy more supplies and equipment for her business.

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
  • 43
    View loans »
    Vietnam Loans Fundraising
  • $12,730,775
    Funds lent in using Kiva
  • 20,840.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 3.4.184.thiệu Phúc Group's $1,500 loan helped a member to purchase baby poultry to raise and sell in the future.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2012
Listed
Sep 3, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013