A loan of $850 helped to purchase baby livestock to raise and sell in the future.


Phạm Thị's story

Y. Phạm THị (1047061258) is a 32-year-old woman living in the town of Nghi Lộc. Married with two school-aged children, Y. raises livestock. While not the only means for generating revenue, the main source of income for the business comes from raising water buffalo for sale. Y. has been engaged in this business for over six years, earning approximately 2500000 VND a month.



In 2003, Y. joined TYM Fund to gain access to financial services to help improve her living situation and ability to engage in business activities. Having fully repaid a previous loan of 7000000 VND from TYM Fund that was used to purchase breeding livestock, she is now requesting a new loan of 15000000 VND which will be used to purchase baby livestock to raise and sell in the future. The loan will be her sixth from TYM Fund, and Y. plans to use the additional revenue generated from the business to improve/expand her business.


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