04.11.6 Nam Ngạn Group
Mrs. Lan Anh has a service business repairing motorcycles. She is requesting a loan to purchase instruments to maintain the motorbike repair shop. Lan Anh has been involved in this business for three years. The main hardship that Lan Anh faces in her business is the lack of capital. She is the leader of a 6-member group, the 04.11.6 Nam Ngạn solidarity group. This is Lan Anh first loan with Thanh Hoa Fund of Poor Women.
With her business profit, Lan Anh hopes for her business to do well, for her children to do well in school, and to make enough money to provide for them.
About Thanh Hoa Microfinance Institution Limited Liability (Thanh Hoa MFI)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.
This is a Group Loan
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Success!! The loan was 100% repaid