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 $4,294,800 $685,672,875
Amount of raised Inactive loans $0 $742,250
Number of raised Inactive loans 0 472
Amount of Paying Back Loans $1,992,025 $128,689,125
Number of Paying Back Loans 1,698 142,922
Amount of Ended Loans $2,302,775 $556,241,500
Number of Ended Loans 1,635 693,973
Delinquency Rate 0.00% 6.42%
Amount in Arrears $52 $5,340,968
Outstanding Portfolio $1,152,079 $83,175,064
Number of Loans Delinquent 1 16,971
Default Rate 0.00% 1.10%
Amount of Ended Loans Defaulted $0 $6,120,560
Amount of Ended Loans $2,302,775 $556,241,500
Number of Ended Loans Defaulted 0 18,792
Currency Exchange Loss Rate 0.00% 0.21%
Amount of Currency Exchange Loss $25 $1,442,588
Refund Rate 0.46% 0.69%
Amount of Refunded Loans $19,625 $4,737,225
Number of Refunded Loans 19 5,262

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 96.24% 74.26%
Average Loan Size $354 $416
Average Individual Loan Size $668 $655
Average Group Loan Size $1,536 $1,838
Average number of borrowers per group 4.7 8
Average GDP per capita (PPP) in local country $725 $3,379
Average Loan Size / GDP per capita (PPP) 48.81% 12.32%
Average Time to Fund a Loan 8.27 days 6.11 days
Average Dollars Raised Per Day Per Loan $42.80 $68.15
  Average Loan Term 14.28 months 10.68 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 1,531 338,211
  Journaling Rate 83.44% 41.55%
  Average Number of Comments Per Journal 0.02 0.07
  Average Number of Recommendations Per Journal 0.69 1.64

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 32.11% PY
  Profitability (return on assets) 2% 7.2% -1.96%
  Average Loan Size (% of per capita income) 10.30% 11.00% 19.61%

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
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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