100%

funded

Total loan: $2,700

Never Give Up Group

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07 Quảng Nham, Hải Phòng, Vietnam / Food

Never Give Up Group's loan finished fundraising,
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A loan helped to purchase processed seafood to resell.


Never Give Up Group's story

Ms. Lý is 36 years old and she is a single parent with 2 children. She is standing second from the left in the photo. Lý lives in Quảng Xuong district, a rural town in Thanh Hoa province. Her husband left when her daughters were young. Lý has operated a food stall/restaurant selling fish for 5 years. Every day, she goes to the market selling fish in the morning, and in the afternoon, she processes fish and to care childcare. The daily income that she earns is about VND 130,000. Her income is lower than the national average income, moreover this region often suffers natural disasters (such as storms) because it is near the sea. The main hardship that Lý faces is lack of capital. She is requesting a loan to purchase processed seafood to resell. In 2014, Lý joined the Thanh Hoa Microfinance Institution to improve her business. Lý has successfully repaid 5 loans from the Thanh Hoa Microfinance Institution. Lý is a reputable person in the community. Since the loans in the organization, her income family is more stable and to have a small house for her family. She happy to participate in business loans increased income. With her business profit, Lý hopes for her business to do well, to build a new motobike, and to make enough money to provide for her kids.