A loan of $1,225 helped a member to purchase breeding livestock.

18-4-78 Quảng Hưng Group's story

Tương N. Thị (106) is a 57-year-old woman living in the town of Thanh Hoá. Tương is the group leader of a six-member group loan offered by Thanh Hoa Fund for Poor Women. While each member of the group receives an individual loan, they all are responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. The official name of this borrowing group is 78 Quảng Hưng (18.4.78 Quảng Hưng).

Tương is widowed and has four adult children. To make a living, Tương raises ducks for sale. Tương has been engaged in this business for over 15 years and earns approximately 700,000 VND a month from these activities.

In 2011, Tương joined Thanh Hoa Fund for Poor Women to gain access to financial services to help improve her business and living situation. Tương is requesting her first loan from Thanh Hoa Fund for Poor Women. She is requesting a loan of 4,248,000 VND, which will be used to purchase breeding livestock. Tương plans to use the additional revenue generated from the business to supplement the family's income.

About the other borrowers in the group:
1. P. Thị Chăm (107) is a 39-year-old woman who is requesting a 4,248,000 VND loan to support her business of making and selling food.

2. T. Thị Hằng (108) is a 29-year-old woman who is requesting a 4,248,000 VND loan to support her business of raising livestock.


In this group: Tương, Chăm, Hằng, Hương, Loan, Nhung

Loan details

Lenders and lending teams

Loan details