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Manh Tan1-1 Group
In this Group: Ngan, Thom, Huong , Thiet , Quyen
Ngan T. D. was born in 1957. She has three children who are grown up. The oldest child and the second are married; the youngest child is working for Electric Power. Her husband is a worker. Not only does she grow rice, but also she raises seven pigs and poultry. Her family has a monthly income of about 4,000,000 Vietnamdong. This is the first time she is participating in SEDA, hoping to have a better life. She needs 5,014,000 VND to breed pigs and poultry.

About other borrowers in her group:

Thom V. D. was born in 1981. He is married with two sons. His wife is a worker who makes shoes. He has a hairdressing shop. He is a hairdresser. He has a monthly income of about 4,000,000 VND. He wants to expand his shop. So he participates in SEDA. He wants to borrow 5,014,000 VND and tries to repay punctually.

Huong T. H. was born in 1988. She has a daughter. She is a farmer and she sells bread in the morning. She has a monthly income of about 3,000,000 VND. She wants to borrow 5,014,000 VND to expand her small business.

Thiet T. V. was born in 1990. Her husband is a carpenter. She sells fast food in the market. She wants to borrow 5,014,000 VND to expand her business.

Quyen N. P. was born in 1980. He sells chicken in the market. He has a daughter. He has a monthly income of about 4,500,000 VND. He wants to borrow 5,014,000 VND for his small business.

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
  • 176
    View loans »
    Vietnam Loans Fundraising
  • $14,164,800
    Funds lent in using Kiva
  • 18,975.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Manh Tan1-1 Group's $1,325 loan helped a member to breed pigs and poultry.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2010
Listed
Jun 10, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011