Loans for multi purpose

1. Who can get loans:

• Customers have borrowed capital at Thanh Hoa MFI for at least 6 months, currently have a loan and need to borrow more.
• Customers aged from 18 to 65 years old, have full civil act capacity as prescribed by law.
• Customers have permanent residence for at least 1 year or certificate of temporary residence for at least 3 years in the lending area of ​​Thanh Hoa MFI.
• Customers and their spouses have no debt of group 2 or more in the last 6 months and have no debt of group 3 or more in the last 3 years at Thanh Hoa MFI and other credit institutions (up to the time of application), unless the customer can demonstrate that this is not the customer's fault.
• Customers have been in actual production business for 1 year or more.
• Customers have a viable business plan and is assessed by Thanh Hoa MFI as being able to repay the debt.
• Commitment to well abide by the lending regulations of Thanh Hoa MFI and lending cluster.

2. Loan purpose:

• Customers borrow to add capital to production, business, agro-forestry-fishery, services, and income-generating activities within the framework permitted by law, or for consumption purposes.

3. Location of capital collection/distribution:

• At the transaction points of Thanh Hoa MFI, located at the Village Cultural House where customers live.

4. Loan method:

• Un secured loan, no collateral required

5. Tenor:

• Customers choose one of the tenors, from 12 to 24 months.

6. Loan amount:

• Maximum 50 million VND.

7. How to apply for a loan: choose one of the 3 ways below:

• Click Register (right below this article)
• Contact the microfinance officer at the Transaction Office where you live at the phone numbers of the transaction offices
• Contact the staff of the Village Women's Union where you live