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Mung's Group
In this Group: Mung, Dong, Chinh , Than, Xuyen, Mai, Hue
Mừng Thị Nguyễn was born in 1956. ( id: 010107070065). She lives in Xuan Trach village with her husband and three children whom are still going to school. She is framing and breeding pigs and poultry. She has a monthly income of about 4.000.000 VND. She has got loans from Microfund organization for 4 years and repaid them on time. She is a group leader. This time, she wants to borrow about 225 USD to buy more chicken to raise.
There are 6 other Fund participants in her group .
Đông Thị Nguyễn, 34 years old. ( id: 010107070066). She is a worker. She wants to borrow 100 USD to buy chicken to raise.
Chinh Thị Nguyễn, 39 years old. ( id: 010107070068). She makes soya curd to sell in the market. She wants to borrow 300 USD to buy bean to make soya curd.
Thân Thị Lê was born in 1960. ( id: 010107070070). She wants to borrow 300 USD to breed the pigs and poultry.
Xuyên Thị Bùi was born in 1956. ( id: 010107070069).She wants to borrow 300 USD to buy food for pigs.
Mai Thị Lê was born in 1976. ( id: 010107070062). She has s store at home. She wants to borrow 300 USD to invest her store.
Huê Thị Nguyễn was born in 1971. ( id: 010107070003). She wants to borrow 250 USD to breed the pigs and poultry.

Additional Information

About SEDA:

The Center of Small Enterprise Development Assistance (SEDA) is a non-profit organization whose vision is to create “a society without poverty.” Founded in 2004, SEDA provides microfinance services to low-income and disadvantaged people in rural areas of Hanoi and the northern provinces of Vietnam through its Binh Minh Micro-Finance Program.

You can also join SEDA’s lending team to assist SEDA in continuing to support its portfolio of borrowers.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Vietnam

  • $725
    Average annual income
  • 64
    View loans »
    Vietnam Loans Fundraising
  • $12,926,025
    Funds lent in using Kiva
  • 17,851.5
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Mung's Group's $1,875 loan helped a member to buy more chicken to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2009
Listed
Oct 14, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 16, 2010