Son La, Vietnam
Giap needed £659.15 for his business.
Doan Quang Giap is a 58 year old man living in Moc Chau, a rural district in northwest Vietnam. Mr. Giap makes a living by farming 2 hectares of land that he uses to produce rice and plums. His other assets include 4 cows and 2 water buffalos. He makes an income of about $140 per month by selling the crops he produces at the local market.
Mr.Giap lives alone and manages to do all the work by himself, but is getting old and the physical demand of tending to 2 hectares of land is becoming more and more difficult. He won’t be able to continue this hard work for many more years. He needs to increase his monthly income to start saving for retirement.
He is requesting a loan of $773 to invest in fertiliser and better farm equipment to help him produce a higher yield of crops next harvest.
Mr. Giap will pay the loan back in full by 24 monthly instalments.
loan added: 08 August 2018
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The Rotary Club of Stoke-on-Trent