Phuong

100%
Phuong has fully repaid her loan of £1,754.37

Amount requested:

£1,754.37

Repayment term:

13 months

Activity type:

Retail – grocery and general household items

Phuong, a 34-year-old woman, has embarked on a challenging journey towards a brighter future for her family. Married with four children, all currently attending school, Phuong hails from an ethnic minority community residing in the remote mountainous region of Cam Thuy.

Phuong's husband works as a driver, while she manages a small grocery store located at their home for over a decade. Their clientele mainly consists of residents, and despite their hard work, their income barely covers the necessities of life, especially with a large family to support.

Determined to expand her business and better cater to her customers' needs, Phuong aspires to purchase a significant stock of goods. However, the lack of capital poses a significant hurdle. Seeking financial assistance, she applied for a loan to procure 240 crates of inventory, including products like bread and cooking spices.

Looking ahead, Phuong remains optimistic about increasing her income to enhance their living standards and provide her children with opportunities for higher education.

Loan added: 20 March 2024

Phuong's loan repayment schedule

Date Expected repayments Actual repayments
£159.49
£148.22
£122.67
£119.35
£122.68
£119.06
£122.68
£116.97
£122.68
£115.13
£122.68
£116.29
£122.68
£119.25

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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