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02.03.08 Đông Hải Group
In this Group: Huế, Hòa, Đồng, Cát*, Phương, Xuân
* not pictured
Mrs. Huế operates a food stall/restaurant, selling fruit. She has been involved in this business for 5 years. The main hardship that she faces in her business is the lack of capital.

Hue is 36 years old and she is married with 3 children. She lives with her dependents in Thanh Hoa city, an urban town in Thanh Hoa province.

She is the group leader of the 02.03.08 Đông Hải solidarity group, which consists of 6 members. This is her first loan with Thanh Hoa Fund for Poor Women. She is requesting a loan to purchase fruit for resale.

In the future, Huế hopes for her family to be healthy and happy, for her children to do well in school and for her business to do well.

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
  • 133
    View loans »
    Vietnam Loans Fundraising
  • $12,974,825
    Funds lent in using Kiva
  • 20,924.8
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 02.03.08 Đông Hải Group's $1,525 loan helped a member to purchase fruit for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2013
Listed
Apr 8, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2014