Nhinh Bui van

Hoa Binh, Vietnam

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34781

Nhinh needed £629.85 for his business.

Amount Requested

Amount requested:

£629.85

Repayment term

Repayment term:

24 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

MACDI

Mr. Bui Van Nhinh is 52 years old and lives with his wife in Cao Phong district of Hoa Binh province. The family income is derived from growing oranges on a land of 1500 square metres.

However, with a monthly income lower than $90, they are close to the edge of bare subsistence.

Their house has been extremely rundown for some considerable time, and urgently needs repairs, particularly to the kitchen, but on their present income they cannot afford even essential work.

Mr. Nhinh is requesting a loan of $773 to to buy more sugarcane seedlings and fertiliser to expand the area for planting. This will boost his crop yield and so increase his income.

By generating a larger surplus, they will be able to afford at last to renovate their old house.

The loan will be fully repaid in 24 months.

loan added: 15 May 2018

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Nhinh's loan Repayment schedule

Date Expected repayments Actual repayments
May 2018 £57.26 --
June 2018 £23.86 --
July 2018 £23.86 --
August 2018 £23.86 --
September 2018 £23.86 --
October 2018 £23.86 --


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