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Minh's Group
In this Group: Minh, Nhien , Thuy, Ha, Nhung
Minh T. N. was born in 1950. She lives in Luong Quy village, Xuan Non commune, Dong Anh district. She has a store at home where she serves customers from the local community. She has three sons who are married while her youngest son lives at home with her and her husband. Her family has a monthly income of about 4,000,000 VND. She has participated in SEDA's microfinance program since 2005 and repaid her loans punctually. Minh T. N. is the group leader of a five-member loan group. In this loan cycle, she would like to borrow 7,630,000 VND to expand her store.


About the other borrowers in her group

Nhien T. N. was born in 1969. She breeds pigs, and wants to borrow 7,194,000 VND to buy pig food.

Thuy T. N. was born in 1960. She has three children. She wants to borrow 7,194,000 VND to breed pigs and poultry.

Ha T. T. P. was born in 1974. She raises chickens, and wants to borrow 7,194,000 VND to buy chicken food.

Nhung T. N. was born in 1952. She raises 14 pigs and some poultry. She wants to borrow 7,194,000 VND to breed 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
  • 83
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 18,950.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Minh's Group's $1,925 loan helped a member to expand her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Covered
Ended:
May 19, 2011