Regarding to her participatory attitude to our credit program, she has a good repayment record and has invested effectively in expanding her business. In this new loan cycL., she wants to have a loan of 5,886,000 VND to buy more products to meet the demand of customers.
Mien T. N. is 46 years old with two children. Her earning activities are growing rice and raising pigs for meat. She wants to have a loan of 5,886,000 VND to buy feed for the pigs.
Nu T. L. is 47 years old with two children. She is running a small restaurant in her village. She needs to have a loan of 5,886,000 VND to buy more tables and desks.
Bich N. T. N. is 42 years old with three children . She grows rice, corn, and tomatoes in paddies of 4,700 square meters. She wants to have a loan of 5,886,000 VND to buy fertilizer.
Tuan T. N. is 45 years old with three children . She has run a grocery shop for 4 years. She wants to have a loan of 6,322,000 VND to invest in her shop.
Hao T. N. is 48 years. She lives with her family in Laida village. Running a fashion shop for five years, she wants to have a loan of 6,322,000 VND to buy more new styles of trousers and shirts.
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.
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Success!! The loan was 100% repaid