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03.05.10 - Quảng Hưng Group
In this Group: Cúc, Tiến, Át, Xuân, Huệ, Phượng
Mrs. Cúc works in agriculture, farming poultry and cattle. She is requesting a loan to purchase baby poultry to raise and to sell in the future. Cúc is 51 years old and she is married, with four children.

Cúc is the group leader of the 03.05.10 - Quảng Hưng solidarity group, which consists of six members. Cúc lives with one dependent in Thanh Hoa City, an urban town in Thanh Hoa province because three other children are grown up.

In 2013, Cúc joined the Fund for Thanh Hoa Poor Women to improve her business. Cúc has successfully repaid one loan from the Fund for Thanh Hoa Poor Women. Cúc has been involved in this business for more than ten years. The main hardship that Cúc faces in her business is the lack of capital.

With her business profit, Cúc hopes for her business to do well, for her family to be healthy and happy, and for her children to find a good job.

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
  • 130
    View loans »
    Vietnam Loans Fundraising
  • $13,209,000
    Funds lent in using Kiva
  • 21,222.4
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 03.05.10 - Quảng Hưng Group's $1,775 loan helped a member to purchase baby poultry to raise and sell in future.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2013
Listed
Jul 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014