100%

funded

Total loan: $3,575

The More The Merrier - N07Tnamqthạch Group

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Thanh Hoá, Thanh Hoa, Vietnam / Agriculture

The More The Merrier - N07Tnamqthạch Group's loan finished fundraising,
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A loan helped to purchase a net for catching fish and baby poultry to raise and sell in the future.


The More The Merrier - N07Tnamqthạch Group's story

Mrs Thơm is 38 years old and married. She has been working in agriculture raising poultry for eight years. Thơm lives in Quang Xuong district, a rural town in Thanh Hoa province. Her family is a low-income household in the village. Moreover, the market need is low in this region. The income from this business is unstable because when poultry get a disease, they could die, which leaves her nothing to sell and creates problems with her finances.

Therefore, Thơm decided to invest in another business: selling fish. The main hardship that Thơm faces is lack of capital. She is requesting a loan to purchase a net for catching fish and baby poultry to raise and sell in the future.

In 2014, Thơm joined Thanh Hoa microfinance institution to improve her business. Thơm has successfully repaid two loans from Thanh Hoa microfinance institution. She is the group leader of "The more the merrier - N07TNamQThạch," which consists of eight members. In the future, Thơm hopes to maintain a successful business, for her family to be healthy and happy, and to be able to buy more supplies and equipment for her business.