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Mar 17, 2017 3:41 PM ET

Vietnam: Beautiful Day Group: A loan of $2,425 helps a member to purchase more cakes, sweets, sugar and milk to resell.

iCrowdNewswire - Mar 17, 2017

Beautiful Day Group

Borrower image

A loan of $2,425 helps a member to purchase more cakes, sweets, sugar and milk to resell.

Beautiful Day Group’s story

Thường is 56 years old and she is a single parent with 1 child.

Thường lives in Trieu Son district, a rural town in Thanh Hoa province. She has had a retail business selling dry food and general items for more than 10 years. She is a hard-working woman who wants to build a better life for herself and her children.

In 2015, Thường joined Thanh Hoa microfinance institution to improve her business. Thường has successfully repaid 2 loans from Thanh Hoa microfinance institution. She is the leader of her solidarity group.

The main hardship that Thường faces is lack of capital. She is requesting a loan to purchase more cakes, sweets, sugar and milk to resell.

With her business profit, Thường hopes for her family to be healthy and happy, for her children to do well in school, and to build a new house.

In this group: Thường, Vui, Oanh

This loan is special because:

It supports women from ethnic communities and single parent families. 

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.

Contact Information:

Beautiful Day Group

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