Funded

Total loan: $3,100
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Khuyen's Group

Vietnam
Mai Sơn - Sơn La, Vietnam / Higher education costs

A loan of $3,100 helped a member to cover for her son’s education.


Khuyen's Group's story

Mrs Khuyen, 45 years old, is Thai ethnic person living with her family in Mai Son district, Son La province - one of the poorest provinces at the North West of Vietnam. Due to her husband’s illness for a long time before he died, her family needs to take some time to recover family’s economics.

Her family main income is animal husbandry. Despite difficult circumstances, she alone feeds her son who grows up and overcome many difficulties. Her only son is 21 years old and enrolling at Northwestern University. Her family incurs much expense due to covering for her son’s education. She wants to borrow a loan to cover costs of school for her son.

During participating in borrowing loans and repayments before, she and 4 other members of the group always use loans for the right purposes and effectively. With the loan from the institution, she desires her only son to have a full condition for studying, and she will be very proud of him is fully educated despite any drudgery works.

In this group: Khuyến, Thiêu, Thiên, Doan, Cậy
*not pictured



Loan details

Loan length:

17 months
Disbursed date: April 7, 2014
Facilitated by Field Partner: M7 Microfinance Institution Limited

Lenders and lending teams



Loan details

Loan length:

17 months
Disbursed date: April 7, 2014
Facilitated by Field Partner: M7 Microfinance Institution Limited