100%

funded

Total loan: $1,325

Nhung

Thạch Thành, Thanh Hoa, Vietnam / Manufacturing

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A loan helped to purchase iron to make furniture to sell.


Nhung's story

Mrs Nhung is 53 years old and she is married with two children. She is an ethnic minority living in Thach Thanh district, a mountainous region of Thanh Hoa province which is very far from the center so she has no opportunity to access loan from other banks.

She has had a manufacturing business, making iron furniture for more than 10 years. Nhung lives in Thach Thanh district, a mountain town in Thanh Hoa province. 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.

She has no collateral because she can't get loan from other banks or credit institutions. Nhung is a reputable person in the community. The main hardship that Nhung faces is lack of capital. She is requesting a loan to purchase iron to make furniture to sell.

Nhung hopes for her business to do well, to make enough money to provide for her kids, and for her children to find a good job.