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Hieu's Group
In this Group: Hieu, Hien, Son, Hoa
Hieu T. N. is 49 years old. She not only grow rice, but she also raises chickens. Now, she raises about 400 chickens and sells eggs one or twice per week. She has two children. Her husband is a farmer. They have a monthly income of about 5,000,000 Vietnamese dong. She has participated in SEDA since 2004 and repaid punctually. In this loan cycL., she would like to borrow 7,194,000 VND to buy food for chickens.

About other borrowers in her group.
Hien T. L. is 41 years old. She sells fruit in the market. She would like to borrow 7,194,000 VND to expand her business.
Son T. T. is 36 years old. She has a restaurant (sells coffee, beer). She would like to borrow 7,194,000 VND to invest in her restaurant.
Hoa T. P. is 27 years old. She would like to borrow 6,322,000 VND to expand livestock.

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
  • 99
    View loans »
    Vietnam Loans Fundraising
  • $14,461,025
    Funds lent in using Kiva
  • 19,080.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Hieu's Group's $1,475 loan helped a member to buy food for chickens.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2010
Listed
Jul 7, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011