Thuan

100%
Thuan has fully repaid her loan of £1,471.36

Amount requested:

£1,471.36

Repayment term:

18 months

Activity type:

Retail – grocery and general household items

Mrs. Thuan is 47 years old, and she is married. The couple has grown-up children. Mrs. Thuan and her husband live in a small house in a coastal area. Her husband is a fisherman, like most people in the region, while Mrs. Thuan has been selling seafood at the local market for over 5 years. Her customers are mainly local residents, tourists, and restaurant owners. However, their combined income is unstable, averaging only around $570.00 (£470.04) per month.

Recently, due to increased competition, Mrs. Thuan has been considering investing in her business. However, she lacks the necessary capital to expand. In order to purchase additional seafood such as shrimp, fish, and squid for selling, she applied for this 9th loan from Thanh Hoa MFI (Microfinance Institution). This loan will give her the financial support she needs to buy more seafood and meet the requirements of her customers. By investing in her business, Mrs. Thuan hopes to increase her income and improve her family's financial situation.

With the loan from Thanh Hoa MFI, she will be able to expand her product range and attract more customers. As a reliable customer, she understands the risks involved in taking a loan, but she believes that with her experience and dedication, she can manage her business effectively and repay the loan in a timely manner. She is determined to make her business successful and provide a better future for her family.

Loan added: 31 October 2023

Thuan's loan repayment schedule

Date Expected repayments Actual repayments
£133.76
£133.76
£74.33
£71.63
£74.31
£71.04
£74.31
£70.76
£74.31
£71.39
£74.31
£68.96
£74.31
£68.79

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.

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