A loan of $3,325 helped a member to pay for her child's education fees.

Chung's Group's story

Mrs Chung, from Thai ethnic community, is one of the first members of M7-MFI who joined in the organization in January 1st 1994. Her family consists of 3 members. In addition to her are her husband and her son. Her son is an apprentice.
Her family lives mainly on cultivation and breeding so the annual income is just sufficient for a normal life. Currently, there is an increased cost when her son is at apprenticeship; it causes more difficulties for her family. Therefore, she is looking to borrow amount of money to pay for his education fees. She will try to do breeding and cultivation to have money to pay for loan on time.
Chung is the group leader of Chung’s Group. This group consists of 5 members with different purposes in borrowing loans such as buying fertilizer, breeding in farm. But members are all loyal, working with the organization for many years so M7-MFI is fully confident on their on-time payment as well as trust they will have better lives after each efficient loan use.

In this group: Chung, Vân, Thái, Nga, Hem

Loan details

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Loan details