A loan of $1,800 helped a member to invest in expanding the business.


050207-Trung Trieu-Hoang Phong Group's story

"Thai L. T. (36) is a 55 year-old woman living in the town of H. Hoa. Thai is the group leader of a 7-member group loan offered by Thanh Hoa Fund for Poor Women. WhiL. each member of the group receives an individual loan, they all are responsibL. for paying back the loans of their fellow group members if someone is delinquent or defaults. The official name of this borrowing group is 050207-Trung Trieu-H. Phong (050207-Trung Trieu-H. Phong).

Thai is married and has 3 adult -aged children. To making a living, Thai operates a family member's business venture in the agriculture sector raising livestock. WhiL. not the only means for generating revenue, the main source of income for the business comes primarily from raising pigs for saL.. Thai has been engaged in this business for over 25 years and earns approximately 1000000 VND a month from these activities.

In 2005, Thai joined Thanh Hoa Fund for Poor Women to gain access to financial services to help improve her living situation and ability to engage in business activities. Thai has successfully repaid a previous loan of 3079800 VND from Thanh Hoa Fund for Poor Women. This previous loan was used to purchase breeding livestock. She is now requesting a new loan of 5000000 VND which will be used to invest in expanding the business. The loan will be the 6th loan taken out by the borrower from Thanh Hoa Fund for Poor Women. Thai plans to use the additional revenue generated from the business to improve/expand the business.

About the Other Borrowers in the Group:

1. Mai H. T. (42) is a 50 year-old femaL. who is requesting a 5000000 VND loan to support her business in the agriculture sector raising livestock.

2. Lan H. T. (40) is a 36 year-old femaL. who is requesting a 5000000 VND loan to support her business in the agriculture sector raising livestock.

3. Dung N. T. (46) is a 34 year-old femaL. who is requesting a 5000000 VND loan to support her business in the agriculture sector raising livestock.

4. Tung L. T. (45) is a 51 year-old femaL. who is requesting a 5000000 VND loan to support her business in the agriculture sector raising livestock.

5. Truyen L. T. (34) is a 52 year-old femaL. who is requesting a 5000000 VND loan to support her business in the food sector operating a fishing business.

6. Tuyet H. T. (41) is a 52 year-old femaL. who is requesting a 5000000 VND loan to support her business in the agriculture sector raising livestock.

About Thanh Hoa Fund for Poor Women:
The mission of Fund for Thanh Hoa Poor Women (FPW) is to provide sustainabL. 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 whiL. providing quality and accurate information to Kiva lenders.

In this group: Thai, Mai, Lan, Dung, Tung, Truyen, Tuyet



Loan details


Lenders and lending teams



Loan details