Funded

Total loan: $1,150
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04.01.05-Hai Son Hoang Truong Group


A loan of $1,150 helped a member to purchase fishing equipment including hooks and nets.


04.01.05-Hai Son Hoang Truong Group's story

Bình Lê thị is a 53-year-old woman living in the town of Hoang Hoa. Her main source of income comes from operating a family member's business harvesting and selling wild-caught fish in her community. Bình is married and has four grown-up children. Bình has been in this business for over 33 years and earns approximately 1,500,000 dong (VND) a month.

In 2004, Bình joined Thanh Hoa Fund for Poor Women to gain access to financial services to help improve her living conditions and enable her to engage in business activities. Bình has successfully repaid a previous loan of 597,000 VND from Thanh Hoa Fund for Poor Women which was used to purchase fishing equipment including hooks and nets. She is now requesting a new loan of 3,079,800 VND which will be used to purchase more fishing equipment including hooks and nets. This will be her third loan from Thanh Hoa Fund for Poor Women. Bình plans to use the additional revenue generated from the business to improve the general living conditions of her family.

Bình is the leader of a seven member group accessing a loan offered by Thanh Hoa Fund for Poor Women. While each member of the group receives an individual loan, they are all responsible for paying back the loans of their fellow group members, if someone is delinquent or defaults. The official name of this borrowing group is "04.01.05-Hai Son-Hoang Truong". No. 04.01.05 Hai Son Hoang Truong

About the Other Borrowers in the Group: 1. Lê thị Thủy (71) is a 33-year-old woman who is requesting a 3,079,800 VND loan to support her business operating a fishing business.

2. Lê thị Thơm (69) is a 24-year-old woman who is requesting a 3,079,800 VND loan to support her business operating a fishing business.

3. N. thị Loan (70) is a 41-year-old woman who is requesting a 3,079,800 VND loan to support her business operating a fishing business.

4. P. thị Thanh (72) is a 29-year-old woman who is requesting a 3,079,800 VND loan to support her business operating a fishing business.

5. P. thị Hòa (73) is a 27-year-old woman who is requesting a 3,079,800 VND loan to support her business operating a fishing business.

6. Lê thị Tròn (67) is an 18-year-old woman who is requesting a 3,079,800 VND loan to support her business operating a fishing business.

About Thanh Hoa Fund for Poor Women: The mission of Fund for Thanh Hoa Poor Women (FPW) is to provide sustainable financial services to disadvantaged women in rural areas in the Thanh Hoa province.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in Vietnamese while providing quality and accurate information to Kiva lenders.

In this group: Bình, Thủy, Thơm, Loan, Thanh, Hòa, Tròn
*not pictured



Loan details

Loan length:

14 months
Disbursed date: July 22, 2010
Facilitated by Field Partner: Thanh Hoa Microfinance Institution Limited Liability

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: July 22, 2010
Facilitated by Field Partner: Thanh Hoa Microfinance Institution Limited Liability