A loan of $525 helped to purchase a car and invest in car rental business.

Phamthi's story

Ms. Phạm Thị Chuông is 52 years old. She has three grown children.

In 2004, she joined TYM Fund and borrowed capital to rear livestock. Her family also weaves mats and rattan handicraft to supplement the livestock rearing. Her family has a monthly income of about 4,500,000 VND from these activities plus the additional support from a son that works in the petroleum fuels (gasoline and oil) industry.

In the near future, she and her family have plans to invest in a car and a car rental business. Therefore, she hopes to borrow 9,000,000 VND.

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Translated from Vietnamese by Kiva volunteer Catherine Tran

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