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Sep 30, 2016 7:40 EST

Vietnam: Smile Group – A loan of $3,375 helps a member to purchase baby livestock to raise and sell in the future.

iCrowdNewswire - Sep 30, 2016

Smile Group

Vietnam
 
 
Borrower image
 

Smile Group’s story

Mrs Đỡ is 56 years old, and she is married with two children.

She has worked in agriculture raising livestock for more than ten years. Đỡ lives in the Quang Linh commune, Quang Xuong district, a rural town in Thanh Hoa Province. Her family is a low-income household in the village, moreover her income is unstable. The main hardship that Đỡ faces is a lack of capital.

In 2014, Đỡ joined Thanh Hoa Microfinance Institution to improve her business. Đỡ has successfully repaid three loans from Thanh Hoa Microfinance Institution. Đỡ is a reputable person in the community. She is the leader of her solidarity group, and she is requesting a loan to purchase baby livestock to raise and sell in the future.

With her business profit, Đỡ hopes for her family to be healthy and happy, for her children to find good jobs, and for her business to do well.

In this group: Khoa, Doán, Đỡ
*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 $3,375 helps a member to purchase baby livestock to raise and sell in the future.

Contact Information:

Smile Group

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