A loan of $1,750 helped a member to purchase baby livestock to raise and sell in the future.


70 - Thon 1 - Quang Hung Group's story

Hue P. T. (141) is a 28 year-old female living in the town of Thanh Hoa. Hue is the group leader of a 8-member group loan offered by Thanh Hoa Fund for Poor Women. While each member of the group receives an individual loan, they all are 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 70 - Thon 1 - Quang Hung (18-01-70 Quang Hung).

Hue is married and has 1 infant-aged child. To making a living, Hue owns and operates a business venture raising livestock. While not the only means for generating revenue, the main source of income for the business comes primarily from raising cattle for sale. Hue has been engaged in this business for over 2 years and earns approximately 1,800,000 VND a month from these activities.

In 2010, Hue 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. Hue is requesting for her first loan from Thanh Hoa Fund for Poor Women. She is requesting a loan of 4,248,000 VND which will be used to purchase baby livestock to raise and sell in the future. The loan will be the 1st loan taken out by the borrower from Thanh Hoa Fund for Poor Women. Hue plans to use the additional revenue generated from the business to improve/expand her business.

About the Other Borrowers in the Group:

1. N. T. Tinh (142) is a 21 year-old female who is requesting a 4,248,000 VND loan to support her business in the food sector running a food stall.

2. N. T. Hien (143) is a 46 year-old female who is requesting a 4,428,000 VND loan to support her business in the food sector running a food stall.

3. N. T. Hang (144) is a 48 year-old female who is requesting a 4,248,000 VND loan to support her business in the retail sector running a general store.

4. N. T. Diep (145) is a 29 year-old female who is requesting a 4,248,000 VND loan to support her business in the services sector operating a service-based business.

5. N. T. Huong (146) is a 50 year-old female who is requesting a 4,428,000 VND loan to support her business in the retail sector running a general store.

6. T. H. Hoa (147) is a 20 year-old female who is requesting a 4,248,000 VND loan to support her business in the retail sector running a general store.

7. N. T. Tham (148) is a 27 year-old female who is requesting a 4,248,000 VND loan to support her business in the retail sector running a general store.

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: Hue, Tinh, Hien, Hang, Diep, Huong, Hoa, Tham



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