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030104 Hoang Hoa Group
In this Group: Huê, Hoa, Nhật , Phương , Loan
Mrs. Huê operates a fishing business. She is requesting a loan to invest in her business.

Huê is 52 years old and she is married with three children. Huê is the group leader of the her Hoang Hoa solidarity group, which consists of five members. She supports two dependents with her business in Hoang Hoa district, a rural town in Thanh Hoa province. Another child is grown up.

In 2001, Huê joined Thanh Hoa Fund for Poor Women to improve her business. She has successfully repaid seven loans from Thanh Hoa Fund for Poor Women. Huê has been involved in this business for more than 10 years. The main harship that Huê faces in her business is the lack of capital.

In the future, Huê hopes to maintain a successful business 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
  • 138
    View loans »
    Vietnam Loans Fundraising
  • $13,228,100
    Funds lent in using Kiva
  • 20,860.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 030104 Hoang Hoa Group's $2,325 loan helped a member to purchase a net to fish.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2012
Listed
Sep 29, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014