Hồng

Hồng

A loan of $1,975 helps to invest in her restaurant.

Hồng

Hồng's story

Mrs. Hồng, 42 years old, is married with two children and resides in Thường Xuân District. She belongs to an ethnic minority group and operates a small eatery to support her family. Her elder child works far from home, while her younger child runs a nearby hair salon and helps with the family business. Despite having over 10 years of experience in managing a small restaurant, Mrs. Hồng faces challenges due to her remote location, which limits access to financial resources. Her family is classified as low-income within their community.

Mrs. Hồng is seeking her first loan from Thanh Hoa MFI to expand her small business. She plans to use the funds to purchase additional food and supplies and enhance her offerings to attract more customers. This investment aims to increase her income and address financial challenges, such as customers purchasing on credit, which puts a strain on her finances. The loan is crucial in helping her establish a more stable livelihood for her family.

Mrs. Hồng's ultimate goal is to improve her family’s living conditions, alleviate their struggles, and create better opportunities for her children in the future.

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