A loan of $700 helped to purchase ducks to raise and sell.

Nguyen Thi's story

Thuỷ Nguyen (1323030961) is a 33 year-old female living in the town of Hưng Nguyen. She is married and has 2 school-aged children. To make a living, Thuỷ owns & operates a business venture in the agriculture sector raising livestock. While not the only means for generating revenue, the main source of income for the business comes primarily from raising ducks to sell. Thuỷ has been engaged in this business for over 10 years and earns approximately 3500000 VND (~US$200) a month from these activities.

In 2003, Thuỷ joined TYM Fund to gain access to financial services to help improve her living situation and to have the ability to engage in business activities. Thuỷ has successfully repaid a previous loan from TYM Fund. This previous loan was used to purchase baby livestock to raise & sell. Thuỷ is now requesting a new loan of 12000000 VND (US$700). These funds will be used to purchase additional products to sell. The loan will be the 6th loan taken out by the borrower from TYM Fund. Thuỷ plans to use the additional revenue generated from the business to improve the general living conditions of her family.

Loan details

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Loan details