L. Phạm Thị (524050608) is a 35-year-old woman living in the town of Ý Yên. She is widowed and has two school-aged children. To make a living, L. owns & operates a business raising livestock. While not the only means for generating revenue, the main source of income for the business comes primarily from raising cattle for sale. L. has been engaged in this business for over five years and earns approximately 4100000 VND a month from these activities.
In 2004, L. joined TYM Fund to gain access to financial services to help improve her living situation and ability to engage in business activities. L. has successfully repaid a previous loan of 15000000 VND from TYM Fund. This previous loan was used to purchase livestock feed & other supplies. L. is now requesting a new loan of 15000000 VND, which will be used to expand the business. The loan will be the sixth loan taken out by the borrower from TYM Fund. L. plans to use the additional revenue generated from the business to improve/expand her business.