Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner Description:

Thanh Hoa Fund for Poor Women (FPW) provides credit to women and their families in the central Vietnamese province of Thanh Hoa. Since it began in 1998, the program has provided over US$5 million in loans to more than 90,000 clients, helping thousands of families lift themselves out of poverty.

As a partner of the Thanh Hoa Women’s Union, a socio-political organization dedicated to empower women, the program seeks to alleviate poverty through the sustainable and professional delivery of microfinance.

FPW’s mission is to build economically-viable families and communities through formal microfinance that provides effective and client-friendly financial and non-financial products to poor and low-income households.

User-added image

Thanh Hoa is one of the poorest provinces in Viet Nam. Poor households account for 37% of its total population of 3.7 million. Lack of capital is the most common challenge standing between these families and improving their economic status. FPW is a response to this critical need in the community.

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.

Images courtesy of FPW.


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Nov 13, 2008 Oct 12, 2005
Total Loans $4,102,050 $664,307,050
Amount of raised Inactive loans $0 $408,175
Number of raised Inactive loans 0 263
Amount of Paying Back Loans $2,082,050 $128,106,500
Number of Paying Back Loans 1,706 141,221
Amount of Ended Loans $2,020,000 $535,792,375
Number of Ended Loans 1,467 670,348
Delinquency Rate 0.00% 5.51%
Amount in Arrears $0 $4,566,547
Outstanding Portfolio $1,262,896 $82,883,972
Number of Loans Delinquent 0 16,321
Default Rate 0.00% 1.11%
Amount of Ended Loans Defaulted $0 $5,933,083
Amount of Ended Loans $2,020,000 $535,792,375
Number of Ended Loans Defaulted 0 17,763
Currency Exchange Loss Rate 0.00% 0.17%
Amount of Currency Exchange Loss $25 $1,106,295
Refund Rate 0.48% 0.71%
Amount of Refunded Loans $19,625 $4,686,425
Number of Refunded Loans 19 5,208

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 96.70% 74.22%
Average Loan Size $349 $417
Average Individual Loan Size $667 $655
Average Group Loan Size $1,525 $1,841
Average number of borrowers per group 4.7 8
Average GDP per capita (PPP) in local country $725 $3,389
Average Loan Size / GDP per capita (PPP) 48.15% 12.31%
Average Time to Fund a Loan 8.27 days 6.05 days
Average Dollars Raised Per Day Per Loan $42.21 $69.01
  Average Loan Term 14.17 months 10.62 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 1,418 328,412
  Journaling Rate 87.74% 41.77%
  Average Number of Comments Per Journal 0.02 0.07
  Average Number of Recommendations Per Journal 0.74 1.69

Borrowing Cost Comparison (based on 2013 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 21% PY 22.00% PY 33.02% PY
  Profitability (return on assets) 2% 7.2% -0.68%
  Average Loan Size (% of per capita income) 10.30% 11.00% 36.66%

Country Fast Facts

Field Partner Staff

Quyên Bùi Thị
Thơm Cao Thị
Hiệp Hoàng Thị
Hương Hoàng Thị
Phương Hoàng Thị
Tình Hoàng Thị
Vân Hoàng Thu
Biên Hoàng Văn
Elena Kuhn
Đăng Lại Thị
Ngọc Anh Lê
Kiên Lê Ngọc
Lý Lê Quang
Hà Lê Thị
Loan Lê Thị
Như Hoa Lê Thị
Nhung Lê thị
Thanh Hoa Lê Thị
Thảo Lê Thị
Thảo Lê Thị
Trang Lê Thị
Yến Lê Thị
Sáu Lưu Thị
Vân Mai Hà
Hiền Mai Thị
Thi Mai Thị
Thủy Mai Thị
Xuong Mai Thi
Vardah Malik
Toản Ngô Anh
Hà Ngô Thị
Hiên Ngô Thị
Thanh Ngô Thị
Đường Nguyễn Hải
Tiệp Nguyễn Hữu
Dung Nguyễn Ngọc
Anh Đào Nguyễn Thị
Dung Nguyễn Thị
Dung Nguyễn Thị
Hằng Nguyễn Thị
Hằng Nguyễn Thị
Hạnh Nguyễn Thị
Hiền Nguyễn Thị
Hồng Nguyễn Thị
Hương Nguyễn Thị
Hương Nguyễn Thị
Huyền Nguyễn Thị
Lan Nguyễn Thị
Lan Nguyễn Thị
Lan Nguyễn Thị
Ngân Nguyễn Thị
Ngọc Nguyễn Thị
Phương Nguyễn Thị
Phượng Nguyễn Thị
Quế Nguyễn Thị
Tâm Nguyễn Thị
Thanh Nguyễn Thị
Thu Hiền Nguyễn Thị
Thủy Nguyễn Thị
Trang Nguyễn Thị
Tuyển Nguyễn Thị
Vân Nguyễn Thị
Hằng Nguyễn Thị Thu
Hường Nguyễn Thị Thu
Trang Nguyễn Thu
Thiết Nguyễn Văn
Duyên Phạm Thị
Hồng Phạm thị
Quỳnh Phạm Thị
Thúy Hà Phạm Thị
Thúy Hà Phạm Thị
Linh Phạm Thùy
Tư Phạm Văn
Hoa Tống Thị
Sơn Trần Kim
Hường Trần Thị
Hương Trịnh Thị
Thủy Trương Thị
Thanh Vũ Hoài
Minh Vũ Thị
Hương Đặng Thu
Tuyết Đào Thị
Lê Đinh Thị
Ngân Đinh Thị