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 Microfinance Institution Limited Liability (Thanh Hoa MFI) 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 lift thousands of families out of poverty. Thanh Hoa MFI grants loans to 17,000 borrowers on average each year with loans that vary in size from $200 to $2000.

To learn more about Thanh Hoa MFI, please watch this video highlighting their history and achievements. Also you can learn about the positive impact Kiva loans have had on two Thanh Hoa MFI borrowers Hue and Tien in these short videos.

Thanh Hoa MFI partners with the local Women’s Union, a socio-political organization dedicated to empower women, and together they seek to alleviate poverty through the sustainable and professional delivery of microfinance.

Thanh Hoa MFI’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.

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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. Thanh Hoa MFI fulfills 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. Through their credit program Thanh Hoa is helping to improve the role and position of women in family and society. Thanh Hoa MFI supports poor and low-income households to build clean water and biodigester systems, construct hygienic household sanitation, and participate in many additional projects to improve the quality of local people's lives.

Thanh Hoa MFI has received awards from Citibank, State Bank of VietnamandMicrofinance Working Group for six years in a row. In 2014, they were recognized as the best microfinance institution in Vietnam.

Thanh Hoa MFI was previously known as Thanh Hoa Fund for Poor Women or FPW for short. They changed their name in 2014 when they converted from a Social Fund to a MFI.

Click here to view or contribute to Thanh Hoa MFI’s current Kiva loans.

Images courtesy of Thanh Hoa MFI.


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Nov 13, 2008 Oct 12, 2005
Total Loans $9,218,575 $994,015,325
Amount of raised Inactive loans $0 $257,450
Number of raised Inactive loans 0 304
Amount of Paying Back Loans $2,710,200 $153,841,625
Number of Paying Back Loans 2,603 195,782
Amount of Ended Loans $6,508,375 $839,916,250
Number of Ended Loans 4,614 1,055,620
Delinquency Rate 0.00% 8.69%
Amount in Arrears $0 $8,875,692
Outstanding Portfolio $1,534,942 $102,174,618
Number of Loans Delinquent 0 30,836
Default Rate 0.00% 1.42%
Amount of Ended Loans Defaulted $0 $11,890,081
Number of Ended Loans Defaulted 0 34,252
Currency Exchange Loss Rate 0.00% 0.45%
Amount of Currency Exchange Loss $25 $4,501,882
Refund Rate 0.21% 0.60%
Amount of Refunded Loans $19,625 $5,985,075
Number of Refunded Loans 19 6,003

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 94.38% 75.51%
Average Loan Size $470 $398
Average Individual Loan Size $752 $627
Average Group Loan Size $1,792 $1,756
Average number of borrowers per group 4.4 7.7
Average GDP per capita (PPP) in local country $5,600 $5,871
Average Loan Size / GDP per capita (PPP) 8.40% 6.78%
Average Time to Fund a Loan 8.85 days 6.92 days
Average Dollars Raised Per Day Per Loan $53.12 $57.54
  Average Loan Term 15.3 months 11.13 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 3,041 519,181
  Journaling Rate 61.40% 41.20%
  Average Number of Comments Per Journal 0.02 0.05
  Average Number of Recommendations Per Journal 0.35 1.14

Borrowing Cost Comparison (based on 2015 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 16% PY 22.00% PY 26.28% PY
  Profitability (return on assets) 0.4% 7.2% -1.13%
  Average Loan Size (% of per capita income) 10.30% 11.00% 16.31%

Country Fast Facts

Field Partner Staff

Quyên Bùi Thị
Quyên Bùi Thị
Thơm Cao Thị
Tâm Hà Quyết
Huyên Hà Văn
Diệu Anh Hoàng
Dung - CNTP Hoàng Thị
Hiệp Hoàng Thị
Hương Hoàng Thị
Phương Hoàng Thị
Tình Hoàng Thị
Vân Hoàng Thu
Biên Hoàng Văn
Biên Hoàng Văn
Elena Kuhn
Đăng Lại Thị
Ngọc Anh Lê
Quang Lê Hữu
Kiên Lê Ngọc
Lý Lê Quang
Huyền Lê Thanh
Bình Lê Thị
Duyên Lê Thị
Hà Lê Thị
Hằng Lê Thị
Huệ Lê Thị
Loan Lê Thị
Như Hoa Lê Thị
Nhung Lê thị
Thanh Hoa Lê Thị
Thảo Lê Thị
Thảo Lê Thị
Thảo Lê Thị
Trang Lê Thị
Yến Lê Thị
Thảo Lê Thị Phương
Huyền Lê Thị Thanh
Sáu Lưu Thị
Vân Mai Hà
Hiền Mai Thị
Thi Mai Thị
Thơm Mai Thị
Thủy Mai Thị
Xuong Mai Thi
Vardah Malik
Kim Trọng Ngô
Toản Ngô Anh
Hà Ngô Thị
Hiên Ngô Thị
Hoài Ngô Thị
Thanh Ngô Thị
Yến Ngô Thị
Trang Nguyễn
Đường Nguyễn Hải
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Dung Nguyễn Ngọc
Anh Đào Nguyễn Thị
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Dung Nguyễn Thị
Dung DA Nguyen Thi
Hằng Nguyễn Thị
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Hiền Nguyễn Thị
Hồng Nguyễn Thị
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Huyền Nguyễn Thị
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Phuong Nguyen Thi
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Thanh Nguyễn Thị
Thanh Nguyen Thi
Thu Hiền Nguyễn Thị
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Trang Nguyễn Thị
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Lộc Nguyễn Thị Bích
Phương Nguyễn Thị Thanh
Hằng Nguyễn Thị Thu
Hường Nguyễn Thị Thu
Trang Nguyễn Thu
Thiết Nguyễn Văn
Thủy Nguyễn Xuân
Hồng Phạm thị
Quỳnh Phạm Thị
Thúy Hà Phạm Thị
Thúy Hà Phạm Thị
Tuyền Phạm Thị
Hà Phạm Thị Thúy
Linh Phạm Thùy
Tư Phạm Văn
Tư Phạm Văn
Duyên Phan Thị
Hoa Tống Thị
Sơn Trần Kim
Hường Trần Thị
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Quỳnh Trần Thị
Hương Trịnh Thị
Thủy Trương Thị
Hương Vũ Diễm
Thanh Vũ Hoài
Minh Vũ Thị
Lam Đặng Thị Thanh
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Tuyết Đào Thị
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