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03.08.07- Quảng Hưng Group
In this Group: Hướng, Sang, Đào, Tuệ, Dung
Mrs. Hướng works in agriculture farming poultry and cattle. She is requesting a loan in order to purchase baby livestock and cattle to raise and sell in the future.

Hướng is 45 years-old and she is married with two children.

Hướng is the group leader of the 03.08.07 - Quảng Hưng solidarity group, which consists of five members. One of her children is grown up so Hướng lives with one dependent in Thanh Hoa city, an urban town in Thanh Hoa province.

In 2012, Hướng joined Thanh Hoa Fund for Poor Women in order to improve her business. Hướng has successfully repaid two loans from the Thanh Hoa Fund for Poor Women.

Hướng has been involved in this business for more than 10 years. The main harship that Hướng faces in her business is the lack of capital.

With her business profit, Hướng hopes for her business to do well, for her family to be healthy and happy, and to travel for vacation within the country.

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
  • 141
    View loans »
    Vietnam Loans Fundraising
  • $16,208,900
    Funds lent in using Kiva
  • 20,840.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of 03.08.07- Quảng Hưng Group's $1,400 loan helped a member to purchase baby livestock and cattle to raise and sell in the future.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 13, 2013
May 25, 2013
Currency Exchange Loss:
Jun 17, 2014