100%

funded

Total loan: $1,300

Hoa

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Thanh Hoá, Thanh Hoa, Vietnam / Food

Hoa's loan finished fundraising,
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A loan helped to purchase vegetables to resell.


Hoa's story

Ms Hoa is 58 years old and she is a single mom with one child. She is an ethnic minority living in Ngoc Lac 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 financial services.

She has operated a food stall/restaurant selling vegetables. Her family is a low-income household in the village, moreover this region often suffers from natural disasters such as floods and drought.

The main hardship that Hoa faces is lack of capital. She is requesting a loan to purchase vegetables to resell.

This is Hoa's first loan with Thanh Hoa Microfinance Institution. With her business profit, Hoa hopes for her family to be healthy and happy, to build a new house and for her business to do well.