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030520-Liên Hà- Hoằng Thanh Group
In this Group: Tuyết, Khanh, Đót, Huân, Huyên, Thùy
Mrs. Tuyết works in agriculture farming, poultry and cattle. She is requesting a loan to purchase poultry and cattle for resale.

Tuyết is 34 years old and she is married with two children. She is the leader of a six-member group, the 030520-Liên Hà- Hoằng Thanh solidarity group. Tuyết supports one dependent with her business in Hoang Hoa district, a rural town in Thanh Hoa province, while another child is grown up.

In 2007, Tuyết joined Thanh Hoa Fund for Poor Women to improve her business. Tuyết has successfully repaid six loans from Thanh Hoa Fund for Poor Women.

Tuyết has been involved in this business for five years. The main harship that Tuyết faces in her business is the lack of capital. In the future, Tuyết hopes to buy a motorbike, to make enough money to provide for her kids, and to build a new house.

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
  • 190
    View loans »
    Vietnam Loans Fundraising
  • $14,194,975
    Funds lent in using Kiva
  • 20,836.7
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 030520-Liên Hà- Hoằng Thanh Group's $1,650 loan helped a member to purchase poultry and cattle for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 6, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013