010501 Xuân Phụ - Hoằng Phụ Group
Thăng is 41 years old and married with two children. One of her children is grown up, so Thăng supports one dependent with her business in Hoang Hoa district, a rural town in Thanh Hoa province.
The main hardship that Thăng faces in her business is the lack of capital. In 2011, Thăng joined Thanh Hoa Fund for Poor Women to improve her business. Thăng has successfully repaid three loans from Thanh Hoa Fund for Poor Women. She is the leader of a 3-member group, the 010501 Xuân Phụ - Hoằng Phụ solidarity group.
In the future, Thăng hopes for her business to do well, to be able to buy more supplies and equipment for her business, and for her children to find good jobs.
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
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Success!! The loan was 100% repaid