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Dong's Group
In this Group: Dong, Hien, Huong, Thuy, Oanh
Đồng Thị Hoàng was born in 1959. Presently, she is living in X. Non, Dong Anh, Hanoi with her husband and her two children. The elder son has been employed and the younger one is still at school. Unsurprisingly, she farms to scratch out a living but that only source of income does not meet her needs. Sometimes Dong also has a part-time job as an assistant builder to aid her husband in his work. All those jobs generate a total monthly income of about 3.000.000 VND per month. Noticeably, six years is such a long period that she has been identified with SEDA program. More importantly, she has never been late to pay off her debts. In this credit cycL., she keeps on being willing to take out a loan of 5,014,000 VND to buy equipment and tools.

Along with her, there are also four other peopL.:

Hiên Thị Nguyễn is 27 years old. She wants to take out a loan of 4,142,000 VND to raise pigs and cows.

Hương Xuân Thị Nguyễn is a 34-year-old farmer. She needs to borrow 4,142,000 VND to buy more piglets to raise.

Thúy Thị Lê is 28. She also wants to borrow 4,142,000 VND to invest more in raising chickens.

Oanh Thị Nguyễn is 33 years old. She would like to take out a loan of 5.014.000 VND to finance her plan to raise pigs.

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
  • 69
    View loans »
    Vietnam Loans Fundraising
  • $12,936,375
    Funds lent in using Kiva
  • 18,900.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Dong's Group's $1,200 loan helped a member to buy equipment and tools.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2010
Listed
Mar 23, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011