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23 Quảng Hưng Group
In this Group: Lương, Sáp, Dung
Lương operates a food stall/restaurant selling vegetables. She is requesting a loan to purchase vegetables to resell. Lương has been involved in this business for more than 10 years.

Lương is 39 years old, married, and has 2 children. Lương lives in Thanh Hoa city, a urban town in Thanh Hoa province.

Lương is the group leader of the 03.01.23 - Quảng Hưng solidarity group, which consists of 3 members.

In 2013, Lương joined Thanh Hoa Fund for Poor Women to improve her business. Lương has successfully repaid 2 loans from Thanh Hoa Fund for Poor Women.

The main hardship that Lương faces in her business is the lack of capital.

With her business profits, Lương hopes for her business to do well, for her children to do well in school, 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

  • $5,600
    Average annual income
  • 125
    View loans »
    Vietnam Loans Fundraising
  • $15,326,650
    Funds lent in using Kiva
  • 21,075.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 23 Quảng Hưng Group's $1,225 loan helped a member to purchase vegetables to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 14, 2014
Apr 20, 2014
Currency Exchange Loss:
May 17, 2015