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020101  Thôn 3 - Hoằng Đông Group
In this Group: Tấn, Mai, Thảo, Long, Lãy
Mrs. Tấn works in agriculture, farming poultry and cattle. She is requesting a loan to purchase poultry and cattle to raise and resell. Tấn has been involved in this business for more than 10 years. The main hardship that Tấn faces in her business is the lack of capital. Tấn supports one dependent. with her business in Hoang Hoa district, a rural town in Thanh Hoa province.

She is the leader of a five-member group, the 020101 Thôn 3 - Hoằng Đông solidarity group. In 2002, Tấn joined Thanh Hoa Fund for Poor Women to improve her business. Tấn has successfully repaid three loans from Thanh Hoa Fund for Poor Women.

In the future, Tấn hopes to maintain a successful business, to be able to buy more supplies and equipment for her business, and for her family to be healthy and happy.

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
  • 124
    View loans »
    Vietnam Loans Fundraising
  • $13,216,325
    Funds lent in using Kiva
  • 21,026.2
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 020101 Thôn 3 - Hoằng Đông Group's $1,725 loan helped a member to purchase poultry and cattle to raise and resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014