In 2007, Ninh joined Thanh Hoa Fund for Poor Women to improve her business. She has successfully repaid 2 loans from Thanh Hoa Fund for Poor Women. The main hardship that Ninh faces in her life is low profit margins. She is requesting a loan to purchase a biogas system. Ninh hopes to make enough profit to provide for her children, for her business to do well and to maintain a successful business.
More information about this loan
This loan product is part of FPW’s effort to provide capital for borrowers to acquire biodigestors. Biodigestor systems transform livestock waste into biogas, which can be used for cooking. FPW’s borrowers, located in rural areas of Thanh Hoa province, will increase their savings by not having to pay for firewood and will not be contributing to deforestation. They will also benefit from healthier living conditions due to a reduction in CO2 emissions. By funding this loan you are helping the environment, and a family's health.
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.
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