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Lý
Mrs. Lý has a retail business selling dry food; she has been involved in this business for more than 10 years. Lý is 34 years old, and she is married with two children. Lý lives with two dependents in the Hoang Hoa district, a rural town in Thanh Hoa province.

This is Lý's first loan with Thanh Hoa Fund for Poor Women.

The main hardship that Lý faces in her life is not having a hygienic latrine.

She is requesting a loan to purchase a biogas system to install for cooking.

With her business profit, Lý hopes for her business to do well, to make enough money to provide for her kids, and to maintain a successful business.

Additional Information

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 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.

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.

About Vietnam

  • $725
    Average annual income
  • 138
    View loans »
    Vietnam Loans Fundraising
  • $13,224,825
    Funds lent in using Kiva
  • 21,276.6
    Vietnam Dong (VND) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $725 helped Lý to purchase a biogas system to install for cooking.
60% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 20, 2014
Listed
Apr 28, 2014
Currency Exchange Loss:
Possible