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Nhóm 03 Thoon1 Thống Nhất- Quảng Vinh Group
In this Group: Biên, Thủy , Quyền, Phấn
Biên works in agriculture, farming poultry. She has been involved in this business for six years. She is applying for a loan to purchase more baby poultry to raise and sell in the future.

Biên is 30 years old; she is married with three children. She lives and works in Hoang Hoa district, a rural area in Thanh Hoa province, with three dependents

This is Biên's first loan with Thanh Hoa Fund for Poor Women. She is the leader of a 4-member group, the Nhóm 03 Thoon1 Thống Nhất- Quảng Vinh solidarity group.

The main hardships that Biên faces in her business are natural disasters and droughts.

With her business profit, Biên hopes for her family to be healthy and happy, to maintain a successful business, and for her children to do well in school.

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
  • 29
    View loans »
    Vietnam Loans Fundraising
  • $12,532,400
    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 03 Thoon1 Thống Nhất- Quảng Vinh Group's $1,325 loan helped a member to purchase more baby poultry to raise and sell in the future.
58% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2014
Listed
Jul 29, 2014
Currency Exchange Loss:
Possible