A loan of $625 helped a member to purchase additional products to sell..

79 Quảng Hưng Group's story

Nụ N. Thị is a 22 year-old female who lives in the town of Thanh Hoá. She is the group leader of a three-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 79 Quảng Hưng (18-05-79 Quảng Hưng).

Nụ is married and has one infant-aged child. To making a living, she owns and operates a general store. Nu’s main source of income comes from selling daily use products such as shampoo, soap, and toothpaste in the local community. She has been engaged in this business for over three years and earns approximately 3,000,000 VND a month.

Nụ joined Thanh Hoa Fund for Poor Women in 2011 to gain access to financial services to help improve her living situation and ability to engage in business activities. Nu is requesting a loan of 4,248,000 VND to purchase additional products to sell. This is her first loan from Thanh Hoa Fund for Poor Women. Nụ plans to use the additional revenue generated with her loan to improve the general living conditions of her family.

About the Other Borrowers in the Group:

1. H. Thị Liên is an 18 year-old female who is requesting a 4,248,000 VND loan to support her business making and selling food.

2. N. Thị Tâm is a 33 year-old female who is requesting a 4,248,000 VND loan to support her 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: Nụ, Liên, Tâm
*not pictured

Loan details

Lenders and lending teams

Loan details