Thanh

100%
Thanh needed £1,419.53 for her business.

Amount requested:

£1,419.53

Repayment term:

18 months

Activity type:

Retail – grocery and general household items

Thanh is 53 years old and works from her home in Thanh Hoa city. She is married with two children who are both independent. Her husband works as a driver, earning £220 per month.

Thanh has been running her beverage business for 10 years, providing a variety of refreshing drinks to her local community.

Her story exemplifies the positive impact of microfinance in empowering small business owners and contributing to their success.

Previous loans from Thanh Hoa MFI, our local development partner, along with Thanh's own hard work and dedication, have enabled her to gradually expand her business and build a steady customer base.

She has submitted a new loan application to invest in additional stock as she expects an increased demand for her drinks during the upcoming Lunar New Year period. She plans to purchase 200 cases of beer and 30 cases of soft drinks to cater to her customers' needs during this festive season.

The additional sales will help her to further grow her business and generate more income to support her family.

Loan added: 15 January 2025

Thanh's loan repayment schedule

Date Expected repayments Actual repayments
£129.05
£129.05
£71.70
£67.10
£71.69
£64.61
£71.69
£63.27
£71.69
£62.66
£71.69
£63.02
£71.69 Available

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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