Quang Binh Women Development Fund (QBWDF) is a social fund that provides households in the Quang Binh province of Vietnam with loans for small businesses and to construct sanitary latrines. Lack of sanitation is a major health concern for the 20-30% of Quang Binh’s population who live well below the poverty line.
QBWDF aims to improve the health standards of these communities by providing loans to women who would otherwise not be able to afford building sanitary latrines in their communities.
A unique lending approach:
QBWDF uses a group lending strategy to provide loans to 10-15 women who are already part of a savings/loan group. Most of these women earn less than $2/day. 
QBWDF offers loans depending on the type of latrine needed and the loan is repaid in monthly installments. After dispersing the loans, QBWDF follows up with borrowers to ensure they have used the loans to build and/or update their latrines.
The loans provide funding to women that help cover the cost of materials and labor to construct sanitary latrines. Additionally, QBWDF trains masons to construct the latrines and connects the masons with clients in need. QBWDF has trained at least one mason for every community where the latrines will be built. 

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jun 10, 2014 Oct 12, 2005
Total Loans $1,861,175 $1,330,802,700
Amount of raised Inactive loans $0 $547,125
Number of raised Inactive loans 0 685
Amount of Paying Back Loans $771,275 $147,970,550
Number of Paying Back Loans 1,290 195,474
Amount of Ended Loans $1,089,900 $1,182,285,025
Number of Ended Loans 1,925 1,522,055
Delinquency Rate 0.03% 10.42%
Amount in Arrears $130 $9,802,012
Outstanding Portfolio $393,822 $94,101,479
Number of Loans Delinquent 4 55,529
Default Rate 0.00% 1.74%
Amount of Ended Loans Defaulted $0 $20,609,355
Number of Ended Loans Defaulted 0 50,258
Currency Exchange Loss Rate 0.00% 0.39%
Amount of Currency Exchange Loss $0 $5,175,709
Refund Rate 0.22% 0.59%
Amount of Refunded Loans $4,150 $7,878,725
Number of Refunded Loans 6 7,776

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 99.44% 76.40%
Average Loan Size $579 $394
Average Individual Loan Size $579 $609
Average Group Loan Size $0 $1,761
Average number of borrowers per group 0 7.7
Average GDP per capita (PPP) in local country $5,600 $5,776
Average Loan Size / GDP per capita (PPP) 10.34% 6.82%
Average Time to Fund a Loan 5.13 days 7.13 days
Average Dollars Raised Per Day Per Loan $112.80 $55.26
  Average Loan Term 24.91 months 11.34 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 368 789,496
  Journaling Rate 18.91% 43.17%
  Average Number of Comments Per Journal 0.00 0.03
  Average Number of Recommendations Per Journal 0.00 0.81

Borrowing Cost Comparison (based on 2017 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 19% APR 22.00% PY 25.36% PY
  Profitability (return on assets) 3.47% 7.2% -1.96%
  Average Loan Size (% of per capita income) N/A 11.00% 12.88%

Country Fast Facts

Field Partner Staff

Lien Tran