Huong Bui van

Hoa Binh, Vietnam

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33668

Huong needed £362.68 for his business.

Amount Requested

Amount requested:

£362.68

Repayment term

Repayment term:

24 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

MACDI

Mr. Bui Van Huong is 42 years old and is married with two grown up children. Four members of the family live together in a village in a mountainous area of Hoa Binh province, and like the other families in the area, they live by agriculture.

They derive their income by cultivating corn and sugarcane on terraced fields of 3000 sq. meters. They are also raising two buffalo to make their farming more efficient. They all work hard, but the family is still financially challenged.

Mr. Huong has decided that the best way to improve his family’s situation is to apply for a loan of $455 USD to invest in growing more crops.

He will use the money to buy fertiliser for his sugarcane and corn to increase the size, quality and profitability of the crops. He will repay the loan in 24 monthly instalments.

loan added: 13 March 2018

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Huong's loan Repayment schedule

Date Expected repayments Actual repayments
March 2018 £32.97 £32.97
April 2018 £13.74 £13.80
May 2018 £13.74 £14.35
June 2018 £13.74 £14.45
July 2018 £13.74 £14.50
August 2018 £13.74 --


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