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Apr 20, 2017 3:07 PM ET

Vietnam: Tham’s Group: A loan of $1,825 helps a member to repair her house.

iCrowdNewswire - Apr 20, 2017

Tham’s Group

Mai Sơn – Sơn La, Vietnam / Personal Housing Expenses
Borrower image

A loan of $1,825 helps a member to repair her house.

Tham’s Group’s story

Tham is a Kinh ethnic majority woman. She is living with her husband in Mai Son district, Son La province.

The main income of her family is from cultivation and breeding, and the income is just enough to cover the living expenses of the family and save a small amount. She wants to repair her house, but she does not have enough money to buy building materials. Therefore, she wants to borrow a loan for this purpose.

She hopes that the loan amount will help her family to repair the house to make it more spacious and stable in which to live. She will work hard to get money to repay the loan for M7 MFI on time.

In this group: Mòn, Phương, Thắm

This loan is special because:

It supports low-income families living in remote rural communities. 

Kiva staff

More about this loan 

About M7 Microfinance Institution:

M7-MFI is a microfinance institution in Vietnam that is focused on serving poor women and ethnic minorities in the northern part of the country.

Serving more than 21,000 clients, M7-MFI provides savings and loan programs for a number of catalytic areas including vulnerable populations, education, disaster recovery, and water/sanitation. In addition, the organization regularly provides gender education and business consulting services, and builds homes for low-income clients.

Contact Information:

Tham's Group

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