He works in agriculture, farming poultry and cattle. Tùng has been involved in this business for eight years. The main hardship that Tùng faces in his life is not having a hygenic latrine. He is requesting a loan to purchase sand, cement, and bricks to build a toilet.
This is his first loan with Thanh Hoa Fund of Poor Women. With his business profit, Tùng hopes for his business to do well, to make enough money to provide for his kids, and to be able to buy more supplies and equipment for his business.
More information about this loan
This loan is part of FPW’s initiative to provide access to clean water and improved sanitation facilities to low income Vietnamese households. With the help of strategic alliances, FPW has designed a product focused on building latrines, providing septic tanks and water filters, and improving existing hygiene facilities.
FPW will provide a grace period in certain cases to make this product more affordable to clients, and will provide health and environmental training sessions to help build awareness on the benefits of water and sanitation initiatives. By funding this loan, you are helping improve sanitation and access to clean water.
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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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This loan has been fully funded!