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03.07.06 -Quảng Hưng Group
In this Group: Lệ, Huệ, Huyền, Hồng
Lệ is 41 years old and she is married with 2 children. Lệ lives in Thanh Hoa city, an urban town in Thanh Hoa province.

Lệ works in agriculture, farming poultry and cattle. Lệ has been involved in this business for more than 10 years. The main hardship that Lệ faces in her business is the lack of capital. She is requesting a loan to purchase baby poultry to raise and sell in the future.

Lệ is the group leader of the 03.07.06 - Quảng Hưng solidarity group, which consists of 4 members. This is Lệ's first loan with Thanh Hoa Fund of Poor Women.

With her business profits, Lệ hopes for her children to find good jobs, to travel for vacation within the country, and for her family to be healthy and happy.

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
  • 150
    View loans »
    Vietnam Loans Fundraising
  • $13,308,775
    Funds lent in using Kiva
  • 21,085.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 03.07.06 -Quảng Hưng Group's $1,500 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:
Mar 24, 2014
Listed
Mar 30, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015