Vietnam
Mrs. Tuyet is 47 and is a married woman with two children, one is independent and the other attends school. Her family resides in Nong Cong district, a rural area of Thanh Hóa province in Vietnam’s North Central Coast region. Her husband works as a construction worker, while she engages in rice cultivation and raises pigs and cows that she sells to middlemen. Despite their hard work, their income is unstable and barely enough to make ends meet.
Mrs. Tuyet recognises that by increasing her livestock, they can generate more income and improve their living conditions. Due to their financial instability, Mrs. Tuyet has requested her first loan from Thanh Hoa MFI to expand her livestock business. She plans to use the capital to purchase two sows and one cow for breeding. This investment holds the potential to increase their income and improve their living conditions in the long run.
Mrs. Tuyet understands the risk involved in taking on additional debt, but she believes that the potential benefits outweigh the challenges. By increasing her livestock, she anticipates a higher yield of piglets and calves, which can be sold at a profitable price. This will boost her income and also provide a stable source of revenue for the future.
Loan added: 29 September 2023
Tuyet's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £100.78 | ||
| £55.97 | ||
| £56.00 | ||
| £56.00 | ||
| £56.00 | ||
| £56.00 | ||
| £56.00 |
The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.
