A loan of $575 helped a member to invest in selling grilled chopped meat/shrimp and vermicelli.


29- Nam Ngạn Group's story

Thanh Hoa, 156km south of Ha Noi, is one of the poorest province in the country. Tan Nam 2 Street in Nam Ngan Commune, Thanh Hoa Province is a street with high population density. The inhabitants make a living by trading and manufacturing business. Group "29 Tan Son Street, Thanh Hoa Province" has five members. They wish to borrow VND1,963,500 (USD112) for each member in this second loan cycle.

* Mrs Nguyen Thi Huong, 38 years old. Her husband is Mr. Nguyen Van Khanh. The husband stays at home to help his wife to sell grilled chopped meat and vermicelli and grilled chopped shrimp. They have two children. The daughter is studying accounting at Hong Duc university. And the son is studying at Grade 7. In the previous loan cycle, she borrowed money to start selling grilled chopped meat/shrimp and vermicelli. She used the profits to buy a freezer to store shrimp. In this loan cycle, she borrows money to invest further in selling grilled chopped meat/shrimp and vermicelli.

* Mrs. Pham Thi Thinh, 30 years old. She borrows money to invest further in the phone shop.

* Mrs. C. Thi Duyen, 45 years old. She borrows money to buy and resell fruits

* Mrs. Nguyen Thi Phuong. She borrows money to make vermicelli

* Mrs. Nguyen Thi Tuyet. she borrow money to buy and resell veterinary medicine.

In this group: Hương, Duyên, Thịnh, Phượng, Tuyết

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Translated from Vietnamese by Kiva volunteer Tu Duong



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