A loan of $1,775 helped a member raising animals and selling meat in the market.


Nguyễn Thị Dung Group's story

Mrs. Nguyễn Thị D. is 55 years old. She is seeking a loan of 4,704,000 VND (275 USD) to buy a machine which she will use to produce tofu. She will sell the tofu in the local market. She will also buy five breeder pigs to raise. Her husband works in the office for veterans and social affairs for the district Yên Phong - Bắc N.. They have one child who is currently in high school. The family has a daily income of about 150,000 VND (9 USD). In two previous lending cycles, she was able to repay her loan very well. It helps her very much that she repays the loan in installments, rather than a single lump sum which would impose a heavy burden. Thus she and her group hope to continue their participation in the next lending cycle. The members of the group are:
Mrs. Trần Thị T. is 43 years old. She is seeking a loan of 4,256,000 VND (250 USD) to invest in selling pork. Mrs. Nguyễn Thị N. is 40 years old. She is seeking a loan of 4,256,000 VND (250 USD) to invest in selling pork and beef. Mrs. Lê Thị H. is 48 years old. She is seeking a loan of 4,256,000 VND (250 USD) to buy breeder pigs. Mrs. Nguyễn Thị Mỳ is 57 years old. She is seeking a loan of 4,256,000 VND (250 USD) to buy breeder pigs. Mrs. Đặng Thị C. is 41 years old. She is seeking a loan of 4,256,000 VND (250 USD) to invest in selling pork. Mrs. Nguyễn Thị T. is 48 years old. She is seeking a loan of 4,256,000 VND (250 USD) to invest in raising pigs.

In this group: Nguyễn Thị, Trần, Nguyễn, Lê, Nguyễn, Đặng, Nguyễn

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Translated from Vietnamese by Kiva volunteer Robert Sides



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