Vietnam
Mrs. Mien is 48, married and has two children. Her eldest child is attending university, while her second child is in secondary school. Mrs. Mien and her family live in the mountainous region of Nhu Thanh District. Her husband works as a manual labourer, while she is a farmer who has been growing vegetables and raising pigs on a small plot of land next to their house for over 20 years.
In addition to farming, Mrs Mien works as a tailor to supplement her income. The joint family's monthly income is $509/£418, which is just enough to make ends meet.
Mrs. Mien has plans to expand her pig farming business, but she lacks any savings. She has decided to apply for a second loan from Thanh Hoa MFI to purchase five sows, which cost $205/£168 each, and 100 bags of animal feed which will cost $8/£6.50 each. She will raise the pigs for breeding purposes and then sell the piglets to traders.
With the loan, Mrs. Mien hopes to increase her income and improve her family's financial situation. She believes that expanding her pig farming business will provide a stable source of income in the long run and help to secure a better future for her children.
Loan added: 1 November 2023
Mien's loan repayment schedule
| Date | Expected repayments | Actual repayments |
|---|---|---|
| £100.49 | ||
| £55.81 | ||
| £55.82 | ||
| £55.82 | ||
| £55.82 | ||
| £55.82 | ||
| £55.82 |
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.
