Nga Thu Thi Lai's Group

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In this Group:
Nga Thu Thi Lai, Gia Thi Nguyen, Minh Thi Nguyen, Bach Thi Nguyen, Nga Thi Doan

Nga Thu Thị Lại (id: 010117040008) is a 28-year-old woman living in Xóm Chợ of Đông Anh. She is married and has two infant children. To make a living, Nga runs a small business serving food to customers in the local community. She has been engaged in this business for around three years and earns approximately 3.000.000 VND a month from this activity. Starting from 2008, Nga participated in SEDA to gain access to financial services to help better her business and family life. Nga has successfully repaid 7 previous loans of from SEDA. At the present time, she is requesting a new loan of 5.014.000 VND( or 270 USD), which again will be used to improve her business. She hopes to use the extra income generated to improve the general living conditions of her family.

About the other borrowers in her group:
Gia Thị Nguyễn (id: 010117040006) is 60 years old. She would like to borrow 7.194.000 VND (or 385 USD) to support her business of serving food.
Minh Thị Nguyễn (id: 010117040009) is 32 years old. She also wants to borrow 7.194.000 VND(or 385 USD) to offer electronic equipment repair services.
Bách Thị Nguyễn (id: 010117040007) is 54 years old. She would like to take out a loan of 7.194.000 VND(or 385 USD) to invest in dressmaking.
Nga Thị Đoàn (id: 010117040005). She is requesting a loan of 7.194.000 VND (or 385 USD) to offer electronic equipment repair services.





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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