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Nga's Group
In this Group: Nga , Dan, Hung , Thach
Nga T. K., 50 years old with one child, is living with her family in Yen Hau village. Being a farmer, her main activity focuses on growing rice, corn, and vegetable in paddies of 4,500 square meter. These agricultural products are used to meet her family food needs. Besides, when having free time, she and her husband do extra work as carpenters. They make wooden family equipment such as desks, tables, beds, etc. This helps her have more money to cover her family expenditures.

To have more capital to buy wood to use as a material, she wants to have a loan of 5,152,000 VND from our credit program.

Dan T. D., a 31-year-old woman, has run a wood workshop for many years. She needs to have a loan of 6,944,000 VND to buy materials.

Hung V. N. is 47 years old with two children. He is raising 10 pigs for meat. He is in need of a loan of 6,944,000 VND to buy feed for them.

Thach V. L. is 48 years old. He has a wood workshop that makes wooden equipment to export to other provinces. He wants to have a loan of 5,152,000 VND to buy materials.

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

  • $5,600
    Average annual income
  • 100
    View loans »
    Vietnam Loans Fundraising
  • $14,461,025
    Funds lent in using Kiva
  • 20,850.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Nga's Group's $1,175 loan helped a member to buy wood to use as a material.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2011
Listed
Mar 17, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012