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 $8,311,600 $922,946,450
Amount of raised Inactive loans $0 $643,325
Number of raised Inactive loans 0 303
Amount of Paying Back Loans $2,612,875 $139,640,175
Number of Paying Back Loans 2,119 169,654
Amount of Ended Loans $5,698,725 $782,662,950
Number of Ended Loans 4,107 979,530
Delinquency Rate 0.00% 8.46%
Amount in Arrears $0 $7,627,455
Outstanding Portfolio $1,518,324 $90,206,500
Number of Loans Delinquent 0 21,468
Default Rate 0.00% 1.37%
Amount of Ended Loans Defaulted $0 $10,718,503
Number of Ended Loans Defaulted 0 30,603
Currency Exchange Loss Rate 0.00% 0.46%
Amount of Currency Exchange Loss $25 $4,210,313
Refund Rate 0.24% 0.63%
Amount of Refunded Loans $19,625 $5,840,725
Number of Refunded Loans 19 5,906

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 95.01% 75.09%
Average Loan Size $448 $403
Average Individual Loan Size $704 $635
Average Group Loan Size $1,790 $1,782
Average number of borrowers per group 4.4 7.8
Average GDP per capita (PPP) in local country $5,600 $5,908
Average Loan Size / GDP per capita (PPP) 8.00% 6.82%
Average Time to Fund a Loan 9.47 days 6.97 days
Average Dollars Raised Per Day Per Loan $47.27 $57.82
  Average Loan Term 15.13 months 11.1 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 2,795 479,259
  Journaling Rate 64.12% 41.61%
  Average Number of Comments Per Journal 0.02 0.05
  Average Number of Recommendations Per Journal 0.38 1.21

Borrowing Cost Comparison (based on 2014 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 20% PY 22.00% PY 26.10% PY
  Profitability (return on assets) 0.4% 7.2% -0.06%
  Average Loan Size (% of per capita income) 10.30% 11.00% 17.82%

Country Fast Facts

Field Partner Staff

Huyen Bui
Quyên Bùi Thị
Quyên Bùi Thị
Thơm Cao Thị
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
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
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
Thanh Ngô Thị
Yến Ngô Thị
Trang Nguyễn
Đường Nguyễn Hải
Tiệp Nguyễn Hữu
Dung Nguyễn Ngọc
Anh Đào Nguyễn Thị
Dung Nguyễn Thị
Dung Nguyễn Thị
Dung DA Nguyen Thi
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
Lan Nguyễn Thị
Lan Tâm Nguyễn Thị
Ngân Nguyễn Thị
Ngọc Nguyễn Thị
Phương Nguyễn Thị
Phượng Nguyễn Thị
Phuong Nguyen Thi
Quế Nguyễn Thị
Tâm Nguyễn Thị
Thanh Nguyễn Thị
Thanh Nguyen Thi
Thu Hiền Nguyễn Thị
Thủy 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
Thủy Nguyễn Xuân
Hồng Phạm thị
Quỳnh Phạm Thị
Thúy Hà Phạm Thị
Thúy Hà 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
Huyền Trần Thị
Quỳnh 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