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Nhóm 02 Thái Hòa, Hưng Lộc Group
In this Group: Thêu, Tâm, Tuyết
Thêu works in agriculture, raising pigs. Thêu has been involved in this business for three years. One of the most critical business difficulties that concerns her is the lack of capital. She is requesting a loan to purchase more baby pigs to raise and sell in future.

Thêu is 40 years old and she is married and has two children. Thêu is the group leader of the Nhóm 02 Thái Hòa, Hưng Lộc solidarity group, which consists of three members.

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

With her business profit, Thêu hopes for her business to do well, for her children to do well in school, and to buy a motorbike.

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
  • 130
    View loans »
    Vietnam Loans Fundraising
  • $13,209,000
    Funds lent in using Kiva
  • 21,195.0
    Vietnam Dong (VND) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Nhóm 02 Thái Hòa, Hưng Lộc Group's $1,150 loan helped a member to purchase more baby pigs to raise and sell in future.
75% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2014
Listed
Jul 29, 2014
Currency Exchange Loss:
Possible