100%

funded

Total loan: $2,675

Chung's Group

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

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A loan helped to buy breeding goats.


Chung's Group's story

Mrs. Chung, born in 1993, is a Thai ethnic woman, who has been participating in the program of M7-MFI since January 2014. Her family consists of four members including her husband and her two daughters living in Mai Son district, Son La province.

Her family’s main income is from cultivation, and each harvest she can earn the income of VND 55 to 60 million. However, the income is just enough to cover the living expenses of the family and to save a small amount. She wants to buy breeding goats to raise but she does not have money. Therefore, she wants to borrow a loan for this purpose.

She hopes that the loan amount will help her family invest effectively in breeding, and next year the breeding model will bring her family a herd of goat. She will also work hard to get money to repay the loan for M7-MFI on time.