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0407012-Thành Xuân -Hoằng Trường-Hoằng Hóa Group
In this Group: Duyên, Tình, Phượng, Sen, Hiền, Cành*
* not pictured
Duyên is 47 years old and is married with 4 children. She is the leader of a 6-member group, the 0407012 Thành Xuân Hoằng Trường solidarity group. With her 3 dependents, she lives and works in Hoằng Hóa district, a rural area in Thanh Hoa province.

Mrs. Duyên operates a food stall selling fish. She has been involved in this business for more than 10 years. One of the most critical business difficulties that affects her is the lack of capital. She is requesting a loan to purchase tools to catch fish.

In 2010, Duyên joined Thanh Hoa Fund for Poor Women to improve her business and has since successfully repaid 2 loans from them. With her business profit, Duyên hopes for her business to do well, to buy more land, and to make enough money to provide for her kids.

Additional Information

About Thanh Hoa Microfinance Institution Limited Liability (Thanh Hoa MFI)

Thanh Hoa MFI works to provide credit to women and their families in the central Vietnamese province of Thanh Hoa, one of the poorest regions of the country. The institution's target clients are poor and low-income women who have the ability to work but lack the capital. Accordingly, Thanh Hoa MFI prioritizes single mothers, low-income women with children who have dropped out of primary school, and Viet Nam’s poorest women who cannot access any formal financial services.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Vietnam

  • $5,600
    Average annual income
  • 58
    View loans »
    Vietnam Loans Fundraising
  • $16,975,250
    Funds lent in using Kiva
  • 20,890.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 0407012-Thành Xuân -Hoằng Trường-Hoằng Hóa Group's $1,550 loan helped a member to purchase tools to catch fish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 23, 2011
Oct 3, 2011
Currency Exchange Loss:
Oct 15, 2012