Fruitful New Business Venture Improves Client's Life

Doan

Doan has a friendly smile on her face as she stands by her colourful shop that sells fresh fruit.

She tells me about her family's life, and about the difficulties and challenges that she and her husband have overcome together to get to where they are today.

Doan was born and raised in Kim Dong district, Vietnam, and her childhood was spent in the cultivation fields.

When she got married, she and her husband had ventured out to live separately.

Their independent life began with many challenges.

"Around 2013, our economy was very tight, and all our spending depended on the little money accumulated before the wedding.

After many conversations and calculations about business options, we decided to open a shop to sell clothes.

But at that time, the remaining money we had was very little and I struggled not knowing where to get capital from to invest in trading,” Doan shares.

“After discussing with my husband, I took out a small loan of 10 million VND (USD 43) to open a small clothing store.

Gradually, after seven rounds of borrowing, I expanded the size of the store which in turn brought me more income, thanks to which my family has improved a lot, especially my children who are receiving a full education.

When the Covid pandemic broke out, my clothing store sales were slower, but last year, still supported by the microfinance program, I borrowed more investment money to import fruits to sell and generate more income,” she shares.

By knowing how to diversify her business, her economy and the lives of her family have gradually improved.

As a loan officer of Kim Dong branch, when I heard her share her story, I was very happy to hear how our work was appreciated and see the impact that my work has made on her family.

She is truly a great example of the spirit of honest, hard work, and the impact we aim to create through our microfinance program.

 

Submitted by Nguyen Thi Dung – Kim Động branch, MFU, Vietnam