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Hieu
Hieu T. N. is 43 years old with three children who are at high school.

Being a farmer, she grows rice and vegetables and raises pigs for meat. Her business is developed and creates a stable income that helps her to cover her living expenses.

When she received loans from 2007 to 2010, she invested in developing her farming. Based on this, she not only covers all expenses but also has a savings account.

This year, she wants to have a loan of 8,066,000 VND to improve her house.

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.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Vietnam

  • $725
    Average annual income
  • 82
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 20,800.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Hieu to improve her house.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2011
Listed
Mar 16, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012