100%

funded

Total loan: $3,175

Muong Phang 52 Group

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Dien Bien, Dien Bien, Vietnam / Agriculture

Muong Phang 52 Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to buy little pigs.


Muong Phang 52 Group's story

The woman standing at the first from right is Nguyen. She is a 42-year-old woman of Thai ethnicity who is married and the mother of two lovely sons.

Nguyen lives with her mother-in-law, her husband, and her two sons in a Thai traditional stilt house. One son now studies in grade 9 and the other studies in grade 5.

Like other villagers in the village, her income is mostly from agricultural production, so it is low and unstable. Meanwhile, her husband runs a local business.

To invest in her farming business, Nguyen took seven loans from the Anh Chi Em program and repaid successfully. In those investments, she realized that pig farming would give high profits, possibly using excess food and agricultural products to raise pigs.

Investment in pig raising also helps her save large sources of food costs and takes less care time. So, this time, she has taken out a loan from Anh Chi Em to purchase pigs for raising, to reproduce, and for selling baby pigs in the future.

The profit from this investment will be used to cover tuition for her children and to buy household appliances. Nguyen hopes her sons will have good results in school in order to get good jobs in the future.