Yến is 27 years old, and she is married with two children. She lives and works in Hoang Hoa district, a rural area in Thanh Hoa province, with two dependents.
This is Yến's first loan with Thanh Hoa Fund for Poor Women. The main hardship that Yến faces in her life is not having a hygienic latrine. She is requesting a loan to purchase sand, cement and brick to build a tank for a biodigester system.
With her business profit, Yến hopes for her business to do well, to maintain a successful business, and to be able to buy more supplies and equipment for her business.
More information about this loan
This loan product is part of FPW’s effort to provide capital for borrowers to acquire biodigestors. Biodigestor systems transform livestock waste into biogas, which can be used for cooking. FPW’s borrowers, located in rural areas of Thanh Hoa province, will increase their savings by not having to pay for firewood and will not be contributing to deforestation. They will also benefit from healthier living conditions due to a reduction in CO2 emissions. By funding this loan you are helping the environment, and a family's health.
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.
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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!