Luong Nga's Group
Her family's main income is from breeding, and it is just enough for food with a little remaining. She married late so now her two children are still at school age. Because of having to care for their education so she doesn’t have enough money to repair her house.
Currently, she has only saved some of the amount to repair her house, which is why she needs to borrow money to make up for this cost. She will try to work hard to earn money to pay for M7-MFI on time, and she hopes the loan will help her family have a spacious and beautiful house.
About M7-MFI:M7-MFI is a microfinance institution in Vietnam that is focused on serving poor women and ethnic minorities in the northern part of the country.
Serving more than 21,000 clients, M7-MFI provides savings and loan programs for a number of catalytic areas including vulnerable populations, education, disaster recovery, and water/sanitation. In addition, the organization regularly provides gender education and business consulting services, and builds homes for low-income clients.
This is a Group Loan
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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