Na Tau 44 Group
Na Tau 44 Group’s story
Ngân, 27, is an ethnic Thai woman who lives with her husband and two sons in a northwest mountainous area of Vietnam. Because her husband works as driver and does not usually stay at home, she is in charge of most farm jobs such as growing rice, and raising pigs, chicken and fish. Although she works hard all day at her farm, she spends the rest of every day taking care of her two little boys.
To upgrade her family’s living standards, Ngân is willing to expand her pig farming, but she has insufficient funds to buy piglets and feed for them. She decided to take out a loan through the Anh Chi Em program to resolve this problem. This will help her to expand her pig farming and earn more profits in the future.
Ngan hopes that her small family will move out of poverty and have a better life. In the picture, she stands at the first from the right.
In this group: Chieng, Ngan, So, Tuoi, Xuan, Quyet, Thin, Cu, Doi*, Panh, Suoi*
This loan is special because:
More about this loan
ACE offers two types of flexible loans alongside a voluntary savings program. The amortizing and bullet loans provide borrowers with key capital at an interest rate of 18%, compared to the national averages of 23.01%. The savings program pays clients 6% returns per annum.
Kiva lender’s funds help ACE to expand its services into new communes and more districts and offer loans to more vulnerable individuals.