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07.01.01 Phu Son Group
In this Group: Hương, Lành , Toán, Hương, Hoa, Hà
Mrs. Huong operates a food stall selling snacks. She is requesting a loan to purchase materials to make processed food to sell.

Huong is 49 years old and she is married with one child. Huong is the group leader of the 07.01.01 phú Sơn solidarity group, which consists of six members. Huong lives with one dependent. in Thanh Hoa city, a urban town in Thanh Hoa province.

In 2010, Huong joined Thanh Hoa Fund for Poor Women to improve her business. Huong has successfully repaid two loans from Thanh Hoa Fund for Poor Women. Huong has been involved in this business for five years. The main hardship that Huong faces in her business is the lack of capital.

In the future, Huong hopes for her business to do well, for her child to do well in school, 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
  • 29
    View loans »
    Vietnam Loans Fundraising
  • $12,532,400
    Funds lent in using Kiva
  • 21,164.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 07.01.01 Phu Son Group's $1,875 loan helped a member to purchase materials to make processed food to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 15, 2013
Jul 5, 2013
Currency Exchange Loss:
Jul 17, 2014