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3.5.216.thiệu Trung Group
In this Group: Hòa, Hòa, Thêu, Tám, Thư
Mrs. Hòa works in agriculture, raising poultry and cattle. She is requesting a loan to purchase baby poultry to raise, which she will sell in the future.

Hòa is 32 years old, married, and has two children, who are her dependents. She lives and conducts her business in Thieu Hoa district, a rural town in Thanh Hoa province. Hòa has been involved in her agricultural business for more than 10 years. One of the most critical business difficulties that concerns her is the lack of capital.

Hòa is the group leader of the 3.5.216.Thiệu Trung solidarity group, which is comprised of five members. This is the first loan for Hòa with Thanh Hoa Fund of Poor Women.

With her business profit, Hòa hopes to make enough money to provide for her children, for them to do well in school, and 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
  • 25
    View loans »
    Vietnam Loans Fundraising
  • $12,532,400
    Funds lent in using Kiva
  • 20,841.7
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 3.5.216.thiệu Trung Group's $1,275 loan helped a member to buy baby poultry to raise and sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Dec 13, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013