Phuong

100%
Phuong needed £1,764.66 for her business.

Amount requested:

£1,764.66

Repayment term:

18 months

Activity type:

Farming

Mrs. Phuong, a 55-year-old woman, has been the bedrock of her family's well-being for many years. With three independent, grown-up children, she and her husband reside in a modest house nestled in the mountainous region of Nhu Thanh District.

While her husband is employed as a skilled construction worker, Mrs. Phuong contributes to local households through domestic help, earning a modest income. To fortify the family's finances, she has been involved in buffalo farming, raising and selling these animals to local traders. However, aspiring to expand her buffalo herd and confronted with a capital shortage, she decided to request a loan to acquire two female buffaloes. Mrs. Phuong plans to raise the buffalo and use them for breeding when ready. She will then raise the offspring and sell them to earn a profit.

With over 30 years of experience in buffalo farming and ample grazing land near her home, Mrs. Phuong is optimistic that her herd will do well. She envisions a sustainable and expanding source of income for her family through this sensible investment.

Loan added: 2 February 2024

Phuong's loan repayment schedule

Date Expected repayments Actual repayments
£160.42
£160.42
£89.12
£89.12
£89.12
£86.20
£89.12
£85.99
£89.12
£84.48
£89.12
£83.14
£89.12
£83.99

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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