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070501-Thôn 7-Hoằng Thịnh-Hoằng Hoá Group
In this Group: Lân , Hạnh, Hương, Loan
Lân is 28 years old. She is married and has one child. She is the leader of a four-member group, the 070501-Thôn 7-Hoằng T.nh-Hoằng Hoá solidarity group. She lives and works in the Hoằng Hóa district, a rural area in Thanh Hoa province.

Lân works in agriculture, raising poultry and cattle. Lân has been involved in this business for three years. The main hardship that Lân faces in her business is the lack of capital. She is requesting a loan to purchase baby poultry to raise and sell in the future.

In 2010, Lân joined Thanh Hoa Fund for Poor Women to improve her business. Lân has successfully repaid two loans from Thanh Hoa Fund for Poor Women.

In the future, Lân hopes to buy land of her own, to maintain a successful business, and for her business to do well.

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
  • 63
    View loans »
    Vietnam Loans Fundraising
  • $17,244,150
    Funds lent in using Kiva
  • 21,000.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 070501-Thôn 7-Hoằng Thịnh-Hoằng Hoá Group's $625 loan helped a member to purchase baby poultry to raise and sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 21, 2011
Dec 1, 2011
Currency Exchange Loss:
Dec 15, 2012