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0404016 Hoang Hoa Group
In this Group: Trọng, Hợp, Hồng , Hải
Mrs. Trọng operates a business catching fish. She has been involved in this business for more than 10 years. The main hardship that Trọng faces in her business is the lack of capital. She is requesting a loan to to purchase a net to fish.

Trọng is 45 years old and she is married with four children. She lives and works in Hoang Hoa district, a rural area in Thanh Hoa Province with one dependent; three others are grown up. In the future, Trọng hopes for her children to do well in school. She wants to make enough money to provide for her kids and to maintain a successful business.

In 2002, Trọng joined Thanh Hoa Fund for Poor Women to improve her business. Trọng has successfully repaid one loan from Thanh Hoa Fund for Poor Women. Mrs. Trọng is the leader of a four member group, the 404016 Hoang Hoa solidarity group.

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
  • 124
    View loans »
    Vietnam Loans Fundraising
  • $14,491,450
    Funds lent in using Kiva
  • 20,860.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 0404016 Hoang Hoa Group's $925 loan helped a member to purchase a net to fish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2012
Listed
Sep 29, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013