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43 Thái Hòa Hưng Lộc Group
In this Group: Đào, Thơm, Loan, Hội, Ca
Đào is 59 years old and is married with two children. Đào has had an agricultural business raising pigs for the past five years. Her most critical business difficulty is the lack of capital.

Đào is the group leader of the 43 Thái Hòa Hưng Lộc solidarity group which consists of five members.

In 2013, Đào joined Thanh Hoa Fund for Poor Women to improve her business and has successfully repaid one loan. She is now requesting a loan to purchase more piglets to raise and sell.

With her business profit, Đào hopes to maintain a successful business, to be able to buy more supplies and equipment for her business, and for her family to be healthy and happy.

Additional Information

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.

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.

Tags

About Vietnam

  • $725
    Average annual income
  • 78
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 21,280.8
    Vietnam Dong (VND) = $1 USD
Paying Back

This loan has been fully funded!

A portion of 43 Thái Hòa Hưng Lộc Group's $1,850 loan helped a member to purchase more piglets to raise and sell.
58% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2014
Listed
Jun 28, 2014
Currency Exchange Loss:
Possible