100%

funded

Total loan: $1,625

New Business Group

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02 Hoằng Hóa, Thanh Hóa, Thanh Hoa, Vietnam / Manufacturing

New Business Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to purchase more equipment and supplies to maintain her aluminium shop.


New Business Group's story

Mrs Xoan is 38 years old and married. She has an aluminium store and has been making aluminium goods for more than 10 years. Xoan lives in Cong Liem commune, Nong Cong district, a rural town in Thanh Hoa province. Her family is a low-income household in the village. Moreover, the market need is low in this region. The main hardship that Xoan faces is a lack of capital. She is requesting a loan to purchase more equipment and supplies to maintain her aluminium shop. In 2008, Xoan joined Thanh Hoa Microfinance Institution in order to improve her business. Xoan has successfully repaid four loans from Thanh Hoa Microfinance Institution before this one. With her business profits, Xoan hopes for her business to do well, to maintain a successful business, and for her family to be healthy and happy.