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Phuong's Group
In this Group: Phuong , Mai, Than , Hoa , Loan , Thanh
Phuong T. N. is 32 years old. She is living with her family in Xuancanh commune. Being a farmer, she focuses on growing rice and corn with high productivity. Additionally, she raises 5 pigs for meat. Her hard-working manner gives her a stabL. income to manage her family life. Ms. Phuong joined our program in 2006. She has been a good group leader. Her loan sizes increase year after year and are used effectively in expanding her farming. Currently, she needs to have a loan of 7,194,000 VND to buy food for pigs.

Mai T. H. is 45 years old. She is raising 100 chickens for eggs. She needs to have a loan of 5,014,000 VND to buy food for chickens.

Than T. D. is 50 years old. She is raising 100 chickens for meat. She wants to have a loan of 6,322,000 VND to improve the chickens’ house.

Hoa T. N. is 37 years old. She is raising 200 chickens for eggs. She wants to have a loan of 5,014,000 VND to buy food for her chickens.

Loan T. L. is 45 years old. She is running a shop that sell construction materials. She needs to have a loan of 7,194,000 VND to invest in her shop.

Thanh T. D. is 48 years old. She is raising 300 chickens for eggs. She needs to have a loan of 6,322,000 VND to buy food for the chickens.

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
  • 67
    View loans »
    Vietnam Loans Fundraising
  • $12,974,825
    Funds lent in using Kiva
  • 19,499.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Phuong's Group's $1,925 loan helped a member to buy food for pigs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2011
Listed
Feb 11, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 20, 2012