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Total loan: $1,325

Hòa

Flag of Vietnam
02 Hoằng Trường, Lào Cai, Vietnam / Retail

Hòa's loan finished fundraising,
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A loan helped to purchase fishing equipment to sell.


Hòa's story

Hòa is 55 years old, married, and has four children. She lives in Hoang Hoa District, a coastal area in Thanh Hoa Province. Fishing is the main industry in this area.

Her husband is a fisherman and goes offshore, sometimes for weeks at a time. Hòa has a food stall where she sells seafood. In addition, she prepares fried fish to sell to generate extra income. Her family is a low-income household in the area. In addition, the area where she lives often suffers from natural disasters, such as storms, because it is near the sea.

Hòa joined Thanh Hoa Microfinance Institution in 2012 in order to improve her business. She has successfully repaid nine loans. The main hardship she faces is the lack of capital. Hòa is requesting a loan to purchase fishing equipment to sell.

With her business profits, Hòa hopes to help her children find good jobs and reinvest in her business so that she can continue to do well.