A loan of $2,000 helped a member to buy more noodles to retail.


Hoa's Group's story

Hoa is 49 years old. She has a child who is learning at the 4th grade. Her husband is a driver who transports goods in a market. His income is about 6,000,000 VND per month.

Hoa sells bamboo shoots, noodles, pigs and chickens and she earns about 4,000,000 VND per month. She has done this job for 12 years. Besides that, she also works for hire to earn more money. Her family’s total earnings are about 12,000,000 VND per month. Her challenge in life and work are a lack of capital to sell her goods. Her dream is to buy a car to transport her goods. This loan is one of the steps to help her to reach this dream. She can buy more noodles to retail. Hoa is a hardworking woman and a passionate businesswoman.

She has participated in SEDA's microfinance program since 2009. In the last loan cycle, she borrowed 9,632,000 VND and repaid on time. In this loan cycle, she would like to borrow 10,528,000 VND to buy more noodles to retail. She always wants to raise her child up well.

Other members which are part of Hoa's group include the following:
Dung is 31 years old. She has four children. She sells fruits. She wants to borrow 10,528,000 VND to do carpentry.
Vinh is 41 years old. She has three children. She raises pigs. She wants to borrow 10,528,000 VND to invest in her breeding.
Thao is 45 years old. She has three children. She raises pigs and grows rice. She wants to borrow 10,528,000 VND to buy agricultural tools.

In this group: Hoa, Dung, Vinh, Thao



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Loan details