Chieu Bui van

Hoa Binh, Vietnam

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34827

Chieu 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 Chieu is 35 years old, and lives with his wife in Khuan village, in Nam Phong commune of Hoa Binh province. He has two children who attend the local school full time.
His wife works with him on the farm. Their income comes mainly from growing oranges on 1,3 hectares of land and raising chickens and pigs. They sell their products directly to customers at the market.

They began their business nearly 12 years ago, but their income, at$130 a month, is still low compared to the average level of the region.

Mr. Chieu requests a loan of $773 to buy fertiliser to make the soil more productive and enable them to grow good quality oranges in significantly larger quantities. The additional income this would bring would allow them to stabilize their finances and improve their standard of living.

He will pay the loan back in 24 monthly instalments.

loan added: 16 May 2018

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Chieu'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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