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060104Quang Trung- Hoằng Châu Group
In this Group: Tương , Hòa , Tân
Tương works in agriculture farming poultry and cattle. She is requesting a loan to purchase pigs to raise.
Tương is 30 years old and she is married with two children.
She is the leader of a 3-member group, the 060104 Quang Trung- Hoằng Châu solidarity group.
Tương supports two dependents with her business in the Hoang Hoa district, a rural town in Thanh Hoa province.

In 2012, Tương joined Thanh Hoa Fund for Poor Women to improve her business. Tương has successfully repaid one loan from Thanh Hoa Fund for Poor Women.
Tương has been involved in this business for 9 years.
The main hardship that Tương faces in her business is the lack of capital.

In the future, Tương hopes to maintain a successful business, to be able to buy more supplies and equipment for her business, and for her children to do well in school.

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
  • 127
    View loans »
    Vietnam Loans Fundraising
  • $12,974,825
    Funds lent in using Kiva
  • 20,841.7
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 060104Quang Trung- Hoằng Châu Group's $875 loan helped a member to purchase pigs to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2012
Listed
Dec 13, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013