Hoa
A loan of $1,975 helps to buy more items for general store to sell.
Hoa's story
Mrs. Hoa, a 42-year-old woman from rural Nong Cong district, is striving to build a better life for her family.
Married with two school-aged children, Mrs. Hoa and her husband work hard to make ends meet. Her husband is a freelance laborer, while she has been running a small convenience store from her home for over five years.
Together, they earn approximately $550 per month—just enough to cover their basic living expenses. However, Mrs. Hoa has identified an opportunity to improve their income as the Lunar New Year (late January 2025) approaches.
With demand for goods expected to rise significantly during the festive season, Mrs. Hoa plans to stock her store with a wider variety of products to meet customer needs. To achieve this, she has applied for her first loan from Thanh Hoa Microfinance Institution (MFI).
She hopes that this investment will enable her to boost sales, increase her family’s income, and create a more stable financial future for her loved ones.