A loan of $850 helped to invest in expanding her business.

Phạm Thị's story

L. Phạm Thị (1312020271) is a 48-year-old female living in the town of Hưng Nguyên. She is married and has six school-aged children.

L. owns and operates a business primarily providing a rice-processing service to local community members. She has been engaged in this business for over ten years and earns approximately 5,000,000 VND a month.

In 2002, L. joined TYM Fund to gain access to financial services to help improve her living situation and her ability to engage in business activities. She has successfully repaid a previous loan of 10,000,000 VND from TYM Fund. This previous loan was used to purchase materials needed to provide service.

L. is now requesting a new loan of 15,000,000 VND which will be used to invest in expanding her business. The loan will be her 7th from TYM Fund. She plans to use the additional revenue generated from the business to improve and expand her business.

Loan details

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Loan details