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Mai's Group
In this Group: Mai , Tam , Hong , Chung , Hoa, Quy , Mao
Mai T. P. N. is 26 years old. She has a shop that sells mobile phones and phone cards. Her business has run successfully for five years. As a client of our credit program since 2009, she has used loan amounts effectively to invest in her business. Currently, she wants to borrow 6,322,000 Vietnamese dong (VND) to buy more mobile phones with new designs to meet customer demand. All the profit she has from the business is used to improve her living conditions.

Tam T. N. is 49 years old with two children. She is raising chickens for eggs. She wants to have a loan of 6,322,000 VND to buy food for chickens and to provide vaccinations for them.

Hong T. H. is 41 years old with three children. She is doing farming. Her main activities are growing rice and vegetables. She wants to borrow 6,322,000 VND to buy fertilizer.

Chung T. H. is 36 years old with two children who are in high school. She is a teacher. She wants to borrow 4,142,000 VND to pay for school fees.

Hoa T. P. N. is 39 years old with two children. She has a grocery shop in a local market. Her business is running well. She needs to borrow 5,014,000 VND to buy more products for her shop.

Quy T. D. is 38 years old. She makes goods out of paper for the spirits of departed loved ones - a popular business in Vietnam. Her business is very good. She needs to borrow 6,322,000 VND to buy raw materials/

Mao T. N. is 59 years old. She is a farmer. Her main activities are growing rice and raising 10 pigs. She wants to borrow 5,014,000 VND to buy fertilizer and to buy food for the 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
  • 23
    View loans »
    Vietnam Loans Fundraising
  • $12,569,150
    Funds lent in using Kiva
  • 19,490.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Mai's Group's $2,025 loan helped a member to buy more mobile phone with new designs to meet customer demand.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011