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Oanh Thi Kim Hoang's Group
In this Group: Oanh , Thuong , Dung , Anh , Luong , Huong
Oanh T. K. H. is 22 years old, has 1 child, and lives in Hoi Phu village. Having been a farmer for two years, she saw that the income from agriculture was not sufficient to cover her family's expenses. Therefore, she opened a small shop that sells ready-made shirts and trousers. Her business generates a profit of 100,000 Vietnamese dongs (VND) per day, helping to improve her family's standard of living. As a client of the SEDA (Small Enterprise Development Assistance) credit program, she is requesting a loan of 5,014,000 VND to buy new designs to attract more customers.

Thuong T. H. is 45 years old and has 2 children. She is making brooms to sell wholesale. She needs 6,322,000 VND to buy broom-making materials.

Dung T. N. is 49 years old and has 2 children. She is raising 50 chickens for meat. She needs 2,398,000 VND to buy food for them.

Anh T. N. is 30 years old and has 1 child. She is making brooms to sell in the local market. She needs 5,014,000 VND to buy broom-making materials.

Luong T. V. is 29 years old and has 1 child. She is growing vegetables to sell to small restaurants. She is requesting a loan of 5,104,000 VND to buy fertilizer.

Huong T. D. is 37 years old and has 2 children. She is making brooms to sell wholesale to some merchants. She needs a loan of 5,104,000 VND to buy broom-making 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
  • 82
    View loans »
    Vietnam Loans Fundraising
  • $14,427,750
    Funds lent in using Kiva
  • 20,830.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Oanh Thi Kim Hoang's Group's $1,400 loan helped a member to buy new designs to attract more customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2011
Listed
Apr 6, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 16, 2012