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Mar 16, 2017 6:44 PM ET

Vietnam: Phương: A loan of $900 helps to purchase sand, cement, brick and equipment to build a toilet.

iCrowdNewswire - Mar 16, 2017


Thanh Hoá, Vietnam / Personal Housing Expenses
Borrower image

A loan of $900 helps to purchase sand, cement, brick and equipment to build a toilet.

Phương’s story

Mrs. Phương is 34 years old. She lives in Yen Dinh district, a rural town in Thanh Hoa province. She has had a manufacturing business sewing clothes for 10 years. She is very worried about her profession because her income is very low and she can hardly meet her household expenses.

One of the most critical difficulties that concerns her is the latrine is not hygienic. She is requesting a loan to purchase sand, cement, brick and equipment to build a toilet.

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

Along with her business to profit, Phương hopes for her children to find a good job, for her family to be healthy and happy, and for her business to do well.

This loan is special because:

It provides access to clean drinking water and improved sanitation facilities. 

Kiva staff

More about this loan

This loan is part of Thanh Hoa MFI’s initiative to provide access to clean water and improved sanitation facilities to low-income Vietnamese households. With the help of strategic alliances, Thanh Hoa MFI has designed a product focused on building latrines, providing septic tanks and water filters, and improving existing hygiene facilities.  
Thanh Hoa MFI provides a grace period in certain cases to make this product more affordable to clients, and will provide health and environmental training sessions to help build awareness on the benefits of water and sanitation initiatives. By funding this loan, you are helping improve sanitation and access to clean water.

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.

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