100%

funded

Total loan: $3,250

Nhuong's Group

Mai Sơn - Sơn La, Son La, Vietnam / Agriculture

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A loan helped to invest in raising sows and chickens.


Nhuong's Group's story

Mrs. Nhuong, the Kinh ethnic majority woman, has joined the program of M7-MFI in January 2010. She lives with her husband and her son in Mai Son district, Son La province. Her family’s main income is from her husband’s meager retired salary. She has to spend the salary very economically in order to have enough money to cover the living expense of the whole family. She wants to raise chickens and sows to get more income for the family, but she does not have enough money. Therefore, she needs to borrow a loan to invest in raising sows and chickens. She will work hard to get money to repay the loan for M7-MFI on time, and she hopes that the loan amount will help her family invest effectively in the breeding model. Next year, when selling the pigs and chickens, it will bring her family a considerable profit.