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Huong's Group
In this Group: Huong, Anh, Van, Loi
Huong T. N. is 56 years old. She grows rice and raises pigs and poultry. She has had this job for many years. Her husband is a bricklayer. She has a son who is married. She has participated in SEDA since 2006 and has repaid punctually. In this loan cycle, she would like to borrow 4,142,000 Vietnamese dong (VND) to buy food for the pigs and poultry. She is the leader of the group.

About the other borrowers in her group:

Anh T. N. is 40 years old. She would like to borrow 7,630,000 VND in order to expand her store. Van T. T. N. is 38 years old. She would like to borrow 7,630,000 VND in order to breed poultry. Loi T. N. is 46 years old. She would like to borrow 7,630,000 VND to breed pigs.

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
  • 55
    View loans »
    Vietnam Loans Fundraising
  • $12,722,750
    Funds lent in using Kiva
  • 19,050.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Huong's Group's $1,425 loan helped a member to buy food for the pigs and poultry.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2010
Listed
Aug 2, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2011