Hinh Bui van

Hoa Binh, Vietnam

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34806

Hinh needed £741.48 for his business.

Amount Requested

Amount requested:

£741.48

Repayment term

Repayment term:

24 Months

Activity type

Activity type:

Farming

MFI Partner

MFI partner:

MACDI

Mr. Trieu Van Hinh is 29 years old and lives in Khuan Village of Hoa Binh province with his family. He has two children who are in school full time, and while he is commited to their education, he finds it hard to meet the high cost of tuition.

They have a 2 hectare farm of rice and sugarcane.

Everyday he takes his wife to work on the farm on an old motorcycle. Though they work very hard, their income is very low, only $105 a month, which is not enough to cover the combined cost of daily necessities and his children’s tuition fees.

He is requesting a loan of $910 to buy a buffalo for ploughing and haulage.

This will greatly increase the efficiency and productivity of the farm, and will be paid back in 24 monthly instalments.

loan added: 15 May 2018

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Hinh's loan Repayment schedule

Date Expected repayments Actual repayments
May 2018 £67.41 £52.71
June 2018 £28.09 £28.90
July 2018 £28.09 £28.99
August 2018 £28.09 --
September 2018 £28.09 --
October 2018 £28.09 --


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