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Vang's Group
In this Group: Vang , Ly , Khanh , Chin , Quy
Vang T. P. is 55 years old and has two married children. Being a farmer, her main activities focus on growing rice and vegetables and raising pigs. Her agricultural products are used both to feed the family and to earn money. Ms Vang became a SEDA client in 2006 and has been a good group leader during her participation in the program. This year, she hopes to have a bigger loan size (7,194,000 VND ) than last year (5,014,000 VND) to buy more pigs to raise.

Ly T. P. is 46 years old. She raises 300 chickens for eggs. She wants to have a loan of 7,194,000 VND to buy food for them.

Khanh T. D. is 38 years old, with two children who attend high school. She raises 200 chickens for meat. She wants to have a loan of 7,194,000 VND to buy food for them.

Chin T. T. is 35 years old, with 2 children. She grows rice and vegetables in a paddy of 3,600 square meters. She wants to have a loan of 7,630,000 VND to buy fertilizer and pesticide to improve the quality of her products.

Quy T. H. is 48 years old. She raises 200 chickens for meat. She wants to have a loan of 7,194,000 VND to buy food for them.

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
  • 82
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 19,499.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Vang's Group's $1,875 loan helped a member to buy more pigs to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2011
Listed
Feb 11, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 20, 2012