A loan of $825 helped a member buying and raising animals.

41-Quảng Hưng Group's story

Loan Group 41 consists of 5 poor women who live in Village 3, Quang Hung Commune in Thanh Hoa City. Thanh Hoa City is the provincial capital of Thanh Hoa province, one of the poorest provinces in Vietnam. It is located approximately 150 kilometers south of Hanoi, the capital of Vietnam.

Mrs Chung is the lead borrower of the group. She is 37 years old, and has a husband and children. During the day, she works in the Le Mom Industrial Zone.

As with her previous loans, all of which have been fully repaid, Mrs Chung will use the funds from this loan to buy and raise pigs and chickens. Her share of the loan will probably be sufficient to buy 3 pigs and 50 chicken. With the profits from selling eggs and the animals themselves, she intends to improve her family’s life.

The loan will be split equally between all five borrowers. The other borrowers in the group will use their share of the loan for similar purposes.

Mrs. Hoa is borrowing 2.761.200 Vietnam dong (~ $163 USD) to buy cows.
Mrs. Duong is borrowing to buy food and vegetables for pigs.
Mrs. Dam is borrowing to buy chicken and ducks.
Mrs. Huong is borrowing to buy pigs.

In this group: Kim Chung, Hoa, Dương, Đảm, Hương

Loan details

Lenders and lending teams

Loan details