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02030507004 Liên Hà- Hoằng Thanh Group
In this Group: Cúc, Định, Cải, Thức
Mrs. Cúc works in agriculture, raising pigs. Cúc has been involved in this business for more than 10 years. The main hardship that Cúc faces in her business is the lack of capital. She is requesting a loan to purchase more baby pigs to raise and sell in the future.

Cúc is 54 years old, and she is married with three children. Cúc is the group leader of the 02030507004 Liên Hà- Hoằng Thanh solidarity group, which consists of four members. She lives and works in Hoang Hoa district, a rural area in Thanh Hoa province.

In 2010, Cúc joined Thanh Hoa Fund for Poor Women to improve her business. Cúc has successfully repaid two loans from Thanh Hoa Fund for Poor Women. With her business profit, Cúc hopes for her business to do well, for her children to find good jobs, and to maintain a successful business.

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
  • 28
    View loans »
    Vietnam Loans Fundraising
  • $12,569,150
    Funds lent in using Kiva
  • 21,213.4
    Vietnam Dong (VND) = $1 USD
Paying Back

This loan has been fully funded!

A portion of 02030507004 Liên Hà- Hoằng Thanh Group's $2,125 loan helped a member to purchase more baby pigs to raise and sell in the future.
46% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2014
Listed
Aug 18, 2014
Currency Exchange Loss:
Possible