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Hanh's Group
In this Group: Hanh, Tuy, Ly, Tuyet
Hanh T. H. L. is 37 years old. She is married with a son who is going to school. She sells pigs in the market. She has been doing this job for many years. She has a monthly income of about 3,000,000 Vietnamdong (VND). She has participated in SEDA's microfinance program since 2004 and repaid punctually. She is the group leader of four-member group loan from SEDA. For this loan, she wants to borrow 6,322,000 VND for her small business.

There are three other members in her group who are borrowing money:

Tuy P. D. is 48 years old. He wants to borrow 5,014,000 VND for his small business.
Ly T. L. is 34 years old. She wants to borrow 5,014,000 VND to breed pigs and poultry.
Tuyet T. L. is 26 years old. She is a hairdresser. She wants to borrow 5,886,000 VND to expand her shop.

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

  • $5,600
    Average annual income
  • 81
    View loans »
    Vietnam Loans Fundraising
  • $14,425,725
    Funds lent in using Kiva
  • 18,953.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Hanh's Group's $1,175 loan helped a member additional capital for her small business.
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