100%

funded

Total loan: $900

Tăng

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Thanh Hoá, Thanh Hoa, Vietnam / Retail

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


A loan helped to purchase wood to resell.


Tăng's story

Tăng is 42 years old and he is married. He is an ethnic minority living in Cam Thuy District, a mountainous region of Thanh Hoa Province, very far from center. He speaks ethnic minority languages and rarely goes out of the village, so he has no opportunity to access financial services.

He has worked in agriculture farming food and he has had a retail business selling wood for more than 10 years. His income is lower than the national average income; moreover the market need is low in this region.

The main hardship that Tăng faces is lack of capital. He is requesting a loan to purchase wood to resell.

This is Tăng's first loan with Thanh Hoa Microfinance Institution. With his business profit, Tăng hopes for his children to do well in school, for his family to be healthy and happy, and for his business to do well.