A loan of $475 helped a member buying pork, beef, beans, rice to cook and sell.

07- Dong Son Group's story

Loan Group 7 consists of 5 poor women, all of whom live in the Dong Son ward, 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. Thanh is the lead borrower of the group. She is 43 years old, married, and has two children: a 19-year-old son who is studying physical education and a 14-year-old daughter who is at secondary school.

This is Mrs. Thanh's first loan from the Fund for Thanh Hoa Poor Women ("FPW") and she will use it to buy the ingredients with which to make bun pho, a popular dish in northern Vietnam made with chicken, beef, or pork. She will sell the bun pho on the street outside her house. With the profits from her loan, Mrs. Thanh will pay her children's school fees and provide for her family.

The loan will be split equally among all 5 borrowers. The other borrowers in the group will use their share of the loan as follows:

* Mrs. Duy is borrowing 1,626,900 Vietnamese Dong (~ US$ 93) to buy various foods for her stall: onions, garlic, ginger, mushrooms, peanuts, sugar, sauce, etc.

* Mrs. Ty will use her share of the loan to buy beans to make tofu that she'll sell from her house.

* Mrs. Binh will use her share of the loan to buy lots of small items that she'll sell from the front room of her house: candy, cookies, beer, sugar, cigarettes, bread, and other such items.

* Mrs. Doai will buy 2 small pigs to raise that she will then re-sell.

In this group: Thanh, Ty, Binh, Duy, Hoai

Loan details

Lenders and lending teams

Loan details