Binh

100%
Binh needed £999.72 for her business.

Amount requested:

£999.72

Repayment term:

13 months

Activity type:

Retail – grocery and general household items

Binh, 43 years old, is married with two children. Her eldest child is in college, while her younger child is in high school. The family resides in Ben Sung town, Nhu Thanh district, a mountainous area in Thanh Hoa province.

Binh has been operating a grocery store for over 15 years, selling a wide variety of products, from milk for children to energy drinks for working adults, as well as groceries and household essentials. Her husband is a long-distance truck driver and often away from home, so Binh runs the store on her own while raising her children and supporting their education.

With the upcoming Tet holiday (Lunar New Year), Binh plans to purchase more inventory to meet the increased market demand. She is requesting her 5th loan cycle from Thanh Hoa MFI, Lendwithcare's local development partner in Vietnam. The loan will allow her to stock more items such as milk, energy drinks, oil, and other household appliances for her store. Binh has a solid reputation as a customer, and her previous loans have helped her improve her business by investing in her store, resulting in increased sales and profits. This new loan will enable her to expand her stock range and further grow her business.

Loan added: 8 November 2024

Binh's loan repayment schedule

Date Expected repayments Actual repayments
£90.88
£60.87
£69.91
£69.91
£69.91
£69.91
£69.91
£69.67
£69.91
£67.10
£69.91
£65.71
£69.91
£65.07

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.