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Total loan: $1,400
Nhóm 13 Tiền Phong, Nam Ngạn Group
Thanh Hoa City, Thanh Hoa, Vietnam / Food
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A loan helped to purchase supplies of noodles (pho) for sale in the evening and to support her family.
Nhóm 13 Tiền Phong, Nam Ngạn Group's story
Mrs Tiến is 58 years old and she is married. She has operated a food stall/restaurant selling rice noodles for 7 years. Tiến lives in Thanh Hoa city, a urban town in Thanh Hoa province. Her family is a low-income household in a village. She has no collateral cause and cannot get a loan from other banks or credit institutions. The main hardship that Tiến faces is lack of capital. Her income was very low and unstable. She is requesting a loan to purchase supplies to cook noodles (pho) for sale in the evenings. In 2014, Tiến joined Thanh Hoa microfinance institution to open a store selling noodles in the evening. Tiến has successfully repaid 2 loans from Thanh Hoa microfinance institution. Her family's income has improved greatly . With her business profit, Tiến hopes for her family to be healthy and happy, for her business to do well, and for her children to find a good job.