Success Story of Daw Thandar Aye
Daw Than Than Oo’s Grocery Store
Meet with Daw Thandar Aye, who is doing grocery business as an in-house business up to commercial now. She resides at No.1162, Myo Gyi Road, 19 Ward, Taungoo City in Bago Division. Daw Thandar Aye has been with LOLC since 2018 June and she had received the first individual loan of 3,000,000 MMK. At the time, Daw Thandar Aye sold only daily groceries items as an in-house and after receiving the first individual loan she invested all money in her store as working capitalto expand her businesses. In 2019, Daw Thandar Aye again received 2nd individual loan of 4,500,000 MMK to expand her grocery store and add cosmetic items.
After getting 2nd loan, Daw Thandar Aye's family business is being well to improve up to commercial in their quarter and she is getting became a full groceries grocer. fter knowing the business opportunity, Daw Thandar Aye discussed getting 3rd cycle loan to purchase a vehicle to use in her business.In late 2020, Daw Thandar Aye again received 4,500,000 MMK as 3rd cycle and purchased one commercial vehicle. Same time, her husband also start doing as a merchant for paddy and beans in their region. In 2021, Daw Thandar Aye requested a 4th cycle loan to get working capital and business expansion. In 2021 October, Daw Thandar Ayereceived 6,500,000 MMK as a 4th cycle individual loan to do more business expand to her family businesses.
erstwhile even if we know the business opportunity or potential we cannot doing much. Because of this, we do not have enough working capital, and the interest rate is also very high in place. After joining LOLC for the first time also we can expand our family business with a low-interest rate. And after 4 years passed we had some wealth due to LOLC’s financial support of our business. The LOLC Myanmar is one of the good MFI in Myanmar and their services also satisfied me and my family.
Now, Daw Thandar Aye and her family's owned one commercial grocery store, and her husband also can be doing as a paddy and beans agent without any financial concerns