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Oct 1, 2016 5:05 PM ET

Archived: Vietnam: Young Girls Group – A loan of $2,025 helps a member to purchase baby poultry to raise and sell in the future.

iCrowdNewswire - Oct 1, 2016

Young Girls Group

Borrower image

Young Girls Group’s story

Loan is 29 years old. She is sitting first from the right with short hair. She and her husband are divorced. She is living with her old mother and two children.

Loan lives in Quang Xuong District, a rural town in Thanh Hoa Province. This region often suffers natural disasters such as storms because it is near the sea. Her household was recognized by the local government as poor. She has had a service business cutting hair for more than 10 years.

The main hardship that she faces is a lack of funds. She is requesting a loan to purchase baby poultry to raise and sell in the future.

This is Loan’s first loan with Thanh Hoa Microfinance Institution.

With her business profit, Loan hopes for her business to do well, for her family to be healthy and happy, and to make enough money to provide for her kids.

In this group: Hoài, Loan, Hoa
*not pictured 

This loan is special because:

It supports women from ethnic communities and single parent families. 

Vince Main
Kiva staff 

More about this loan

This loan helps ethnic communities and vulnerable groups living in the Thanh Hoa province. Vietnam is a multi-ethnic country with many distinct ethnic groups. Each group has its own language, lifestyle and cultural heritage. The vast majority of ethnic tribes live in the hilly areas of the north and central highlands and face obstacles in access to important resources such as education, capital, market and agricultural land. By supporting this loan you are helping vulnerable groups to increase their income and preserve their way of life.


About Thanh Hoa Microfinance Institution:

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.

A loan of $2,025 helps a member to purchase baby poultry to raise and sell in the future.

Contact Information:

Young Girls Group

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