Cuong Nguyen van

Son La, Vietnam

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Cuong Nguyen van

Cuong needs just £394.17 to complete his loan



Amount Requested

Amount requested:

£644.17

Repayment term

Repayment term:

24 Months

Activity type

Activity type:

Shop

MFI Partner

MFI partner:

MACDI

Nguyen Van Cuong is a 31 year old man who lives in Moc Chau, a rural district in northwest Vietnam, with his wife and son. His son attends school full-time.

Mr. Cuong runs a local general store which is a popular meeting place for local farmers. He also runs a small pig farm with 10 pigs. The combined income from these activities is only about $135 per month.

With the harvest season quickly approaching, the local farmers are going to have a larger demand for Mr. Cuong’s shop. He wants to capitalize on this opportunity by enlarging his facilities. This will not only provide Mr. Cuong with a higher monthly income, but also provide more local farmers with a place to rest on hot humid days.

He is requesting a loan of $773 to help him expand the size of his general store to better serve the community.

He will pay the loan back in 24 monthly instalments.

Loan added: 09 July 2018

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Cuong's loan repayment schedule

Date Expected repayments Actual repayments
August 2018 £58.56 Available 01/08/18
September 2018 £24.40 Available 01/09/18
October 2018 £24.40 Available 01/10/18
November 2018 £24.40 Available 01/11/18
December 2018 £24.40 Available 01/12/18
January 2019 £24.40 Available 01/01/19


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