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03.07.02 - Quảng Hưng Group
In this Group: Hạnh, Phú, Oanh, Hồng, Hương, Hành, Cúc
Mrs. Hạnh works in agriculture, farming poultry and cattle. She is requesting a loan to purchase baby poultry to raise and sell in the future.

Hạnh is 56 years old, married, and has one child. She is the group leader of the 03.07.02 - Quảng Hưng solidarity group, which consists of seven members. Hạnh lives with one dependent in Thanh Hoa city, an urban town in Thanh Hoa province.

In 2008, Hạnh joined Thanh Hoa Fund for Poor Women to improve her business. She has successfully repaid one loan from Thanh Hoa Fund for Poor Women. Hạnh has been involved in this business for more than 10 years. The main harship that Hạnh faces in her business is the lack of capital.

In the future, Hạnh hopes for her business to do well, for her family to be healthy and happy, and for her child to find a good job.

Additional Information

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

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
  • 125
    View loans »
    Vietnam Loans Fundraising
  • $13,745,925
    Funds lent in using Kiva
  • 21,276.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 03.07.02 - Quảng Hưng Group's $2,700 loan helped a member to purchase baby poultry to raise and sell in the future.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2013
Listed
Sep 27, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014