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Dan's Group
In this Group: Dan, Nu, Huyen, Bon, Giang, Tham
Dan T. N. was born in 1974. She lives in Luong Quy village with her husband and two sons. She not only grows rice but also sells clothes in the market. She has a monthly income of about 6,000,000 VND. This is the first time she has participated in SEDA. She would like to borrow 5,014,000 VND in order to invest in her clothing shop. She is the leader of a 6-member loan group from SEDA.

About other borrowers in her group:
Nu T. D. was born in 1955. She has a store, and would like to borrow 5,014,000 VND in order to expand it.
Huyen T. T. N. was born in 1971. She is a tailor, and would like to borrow 5,014,000 VND in order to buy cloth.
Bon T. N. was born in 1951. She is raising 9 pigs, and would like to borrow 5,014,000 VND in order to buy food for them.
Giang T. N. was born in 1984. She has a daughter. She would like to borrow 5,014,000 VND in order to repair her house.
Tham T. N. was born in 1955. She would like to borrow 5,014,000 VND in order to breed 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
  • 80
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 19,090.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Dan's Group's $1,600 loan helped a member to invest in her clothing shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2010
Listed
Aug 6, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2011