Hoa

100%
Hoa needed £1,680.99 for her business.

Amount requested:

£1,680.99

Repayment term:

18 months

Activity type:

Farming

Hoa, a 64-year-old widow from Nong Cong district in Thanh Hoa province, Vietnam, has long managed her family farm and worked as a helper for local families to provide for her three now-independent children. On her farm, she grows seasonal vegetables, corn, and rice for her family’s consumption and raises chickens and cows, feeding them with farm produce to reduce costs. However, her income from farming is often unstable, as it heavily depends on weather conditions.

Eager to stabilise and improve her income, Hoa has sought her 11th loan from Thanh Hoa MFI, our local development partner in Vietnam. With the loan, she plans to buy three calves to raise as breeding stock. This investment will enable her to eventually sell the grown cows, helping her increase her income and build a more sustainable livelihood.

Loan added: 7 November 2024

Hoa's loan repayment schedule

Date Expected repayments Actual repayments
£152.82
£116.25
£84.88
£84.88
£84.90
£84.90
£84.90
£83.86
£84.90
£80.77
£84.90
£79.09
£84.90
£78.32

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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