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Hoa's Group
In this Group: Hoa, Hoa, Thu, Quyen, Men, Huong
Hoa T. D. is 45 years old. She lives in Dai Bi village, Uy No commune, Dong Anh district, Ha Noi city. She sells pork in the market which she has done for fifteen years. She has a monthly income of about 5,000,000 VND. She is married with three children who still attend school. Ms Hoa is the group leader of a six-member group loan and has participated in SEDA's microfinancing program since 2006. This loan cycle, she would like to borrow 6,322,000 VND to expand her business.
About the other members in her group:
Hoa T. N. is 58 years old. She has a restaurant and would like to borrow 6,322,000 VND to invest in it.
Thu T. N. is 54 years old. She would like to borrow 5,450,000 VND to breed pigs and poultry.
Quyen T. N. is 33 years old. She sells pork in the market and would like to borrow 5,014,000 VND for her business.
Men T. V. is 60 years old. She would like to borrow 4,142,000 VND to breed pigs.
Huong T. T. is 25 years old. She would like to borrow 3,270,000 VND to buy chicken feed.

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
  • 123
    View loans »
    Vietnam Loans Fundraising
  • $13,319,900
    Funds lent in using Kiva
  • 19,020.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Hoa's Group's $1,625 loan helped a member to expand business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2010
Listed
Apr 14, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011