Thu Thi Nguyen's Group

Thu Thị Nguyễn was born in 1969. (no: 010117140044). She lives in Xom Ngoai, Uy No, Dong Anh, Hanoi with her husband and four children. Her husband is a taxi driver. She sells building materials (cement, iron, steel, etc). The first child is learning in university. The next three children are going to school. She has a monthly income of about 4.500.000 VND. However, her income is not enough to cover the cost of the family and they have no savings. So, she has to earn more money to care for them and save. She has engaged in micro finance for five years. This time she wants to borrow 6.322.000 VND( or 350 USD) to invest in her construction materials store. There are three other Fund participants in her group:
Bích Thị Hồng Phạm was born in 1977. (no: 010117140042). She has two children. Her husband repairs motors and she sells soft drinks at home. She wants to borrow 5.886.000 VND ( or 330 USD)to buy spare parts for motorcycles.
Dung Thị Nguyễn was born in 1961. (no: 010117140046). She has three children. She wants to borrow 6.322.000 VND ( or 350 USD) to buy a cow.
Vân Anh Thi Nguyễn was born in 1978. (no: 010117140006 . She has two children. She wants to borrow 5.450.000 VND( or 300 USD)to buy clothes to sell in the market.





About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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