A loan of $725 helped a member chickens, ducks, pigs, seafood, fruit and fertilizer.

Group 2- Xuân Lộc's story

Loan Group 2 consists of five poor women, all of whom live in Xuân Lộc Village, Đông Hai Commune, Thanh Hoá City. Thanh Hoá City is the provincial capital of Thanh Hoá province, one of the poorest provinces in Vietnam. It is located approximately 150 kilometers south of Ha Nội, the capital of Việt Nam.

Mrs. Hường is the lead borrower of the group. She is married and has two children. Her 21-year-old son is studying to become an electrician at Hà Nội University, and her 18-year-old daughter is in the 12th grade. As with her previous three loans, all of which have been repaid on time and in full, Mrs. Hường will use her share of the loan to buy and raise approximately 200 small animals consisting of pigs, chickens and ducks. Mrs. Hừờng will use her profits from the loan to pay school and university fees and to provide board and lodging for her son at Hanoi University.

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. Thỏa, a widow, is borrowing 2,442,600 Vietnamese Dong ($143) to buy oranges, apples, bananas and other fruit that she will resell in her village and in Thanh Hoa City (a six-mile bicycle ride from her home).

Mrs. Tươi will use her share of the loan to purchase shrimp and cuttlefish that she'll resell in the market. Cuttlefish is a very popular dish in Vietnamese cuisine.

Mrs. T.nh, a widow, will use her share of the proceeds to buy chickens, ducks and fertilizer.

With her share of the proceeds, Mrs. Quán will buy and raise chickens and pigs for resale.

In this group: Hường, Thoả, Tươi, Thịnh, Quán

Loan details

Lenders and lending teams

Loan details