100%

funded

Total loan: $1,300

Hồng

01 Như Thanh, Thanh Hóa, Thanh Hoa, Vietnam / Retail

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


A loan helped to purchase cake, milk, salt, sugar and general items to resell.


Hồng's story

Mrs Hồng is 60 years old and she is married. She is an ethnic minority living in Nhu Thanh district, a mountain town in Thanh Hoa province, very far from center. She speaks ethnic minority languages and rarely goes out of the village. So she has no opportunity to access to financial services.

She has had a retail business selling dry food and general things. Her family is a low-income household in the village, moreover this job is unstable.

The main hardship that Hồng faces is lack of capital. She is requesting a loan to purchase cake, milk, salt, sugar and general items to resell.

In 2017, Hồng joined Thanh Hoa Microfinance Institution to improve her business. Hồng has successfully repaid two loans from Thanh Hoa Microfinance Institution.

With her business profit, Hồng hopes for her children to find a good job, for her family to be healthy and happy, and for her business to do well.