Hien Thi Vu's Group

Hiên Thị Vũ is 60 years old. She is a farmer and breeds pigs. She lives in Xuan canh, Dong Anh, Ha Noi and has four children who are married. Her husband is a security guard for a hotel in Ha Noi.

Hiên Thị Vũ has obtained loans from micro-fund organizations for three years and has always repaid on time. She has a monthly income of about 3,500,000 VND. Her family life is difficult, so she wants to access the loan to develop her business and enjoy a better life. So she wants to borrow 6,322,000 VND (approx. 350 USD) to invest in her pig-breeding business.

Hiên Thị Vũ is the group leader of a six-member group loan from SEDA. The five other fund participants are:

Hòa Thị Hoàng is 34 years old and is a hard-worker. She wants to borrow 4,142,000 VND (approx. 235 USD) to invest in pig-breeding.

Mai Thị Năng is 33 years old. She wants to borrow 5,014,000 VND (approx. 285 USD) to start a small business.

Mai Thị Đào is 43 years old. She wants to borrow 4,142,000 VND (approx. 235 USD) to buy food for her pigs.

Liên Thị Lê is 45 years old. She wants to borrow 4,142,000 VND (approx. 235 USD) to invest in pig-breeding.

Lý Thị Đào is 33 years old. She wants to borrow 5,014,000 VND (approx. 285 USD) to start a small business.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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