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Sep 19, 2016 6:19 EST

Vietnam: Loans Help Me Much Group – A loan of $2,925 helps a member to purchase materials to make incense and ghost money to sell.

iCrowdNewswire - Sep 19, 2016

Loans Help Me Much Group

Vietnam
 
07 Quảng Hải, Vietnam / Religious Articles
 
Borrower image
 

Loans Help Me Much Group’s story

Mrs Tuyết is 36 years old and she is married with 2 children.

She has had a retail business selling incense and ghost money for more than 10 years. Tuyết lives in Quang Xuong district, a rural town in Thanh Hoa province. Her family is a low-income household in the village, moreover this job is unstable.

In 2013, Tuyết joined Thanh Hoa microfinance institution to improve her business. Tuyết has successfully repaid 4 loans from Thanh Hoa microfinance institution. Tuyết is a reputable person in the community. She is the leader of her solidarity group.

The main hardship that Tuyết faces is lack of capital. She is requesting a loan to purchase materials to make incense and ghost money to sell. With her business profit, Tuyết hopes for her family to be healthy and happy, for her business to do well, and to build a new house.

In this group: Sơn, Phương , Tuyết, Liêu, Hà
*not pictured 

This loan is special because:

It empowers low-income women living in remote rural communities to increase income. 

Vince Main
Kiva staff

More about this loan 

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 $2,925 helps a member to purchase materials to make incense and ghost money to sell.

Contact Information:

Loans Help Me Much Group

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