A loan of $2,400 helped a member to purchase net to catch fishes.


04.10.19- Giang Sơn - Hoằng Trường Group's story

Cúc is 43 years old and lives in the town of Hoằng hoá-Thanh hoá. Cúc is the group leader of a seven-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 04.10.19- Giang Sơn-Hoằng Trường (041019-Giang Sơn-Hoằng Trường.

Cúc is married and has three school-aged children. To making a living, Cúc operates a family member's business venture in the food sector operating a fishing business. While not the only means for generating revenue, the main source of income for the business comes primarily from harvesting and selling wild-caught fish in the local community. Cúc has been engaged in this business for over 20 years and earns approximately 2,500,000 VND a month.

In 2006, Cúc 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. Cúc has successfully repaid a previous loan of 5,000,000 VND, which was used to invest in expanding her business. She is requesting a new loan of 7,000,000 VND, which will be used to invest in expanding the business. The loan will be Cúc's seventhth loan from Thanh Hoa Fund for Poor Women. Cúc plans to use the additional revenue generated from the business to improve and expand her business.

About the Other Borrowers in the Group:

1. Thanh is 33 years old and is requesting a loan of 7,000,000 VND to support her business in the food sector operating a fishing business.

2. Mai is 36 years old and s requesting a loan of 7,000,000 VND to support her business in the food sector operating a fishing business.

3. Tròn is 57 years old and is requesting a loan of 7,000,000 VND to support her business in the food sector operating a fishing business.

4. Hường is 47 years old and is requesting a loan of 7,000,000 VND to support her business in the food sector operating a fishing business.

5. Cành is 26 years old and is requesting a loan of 7,000,000 VND to support her business in the food sector operating a fishing business.

6. Lâm is 32 years old and is requesting a loan 7,000,000 VND to support her business in the food sector 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: Cúc, Thanh, Mai, Tròn, Hường, Cành, Lâm



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