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Hang's Group
In this Group: Hang , Lien , Su , Mai , Dong
Hang T. N. is 41 years old with 2 children. She is a group leader of a 5 member group. All members have different types of businesses. Ms. Hang is a widower so it is quiet difficult for her to manage family life. She not only does farming such as raising pigs but also works as a constructor. Every month, she can earn a total income of 3,000,000 Vietnamese dong. Being a client of our credit program since 2006, she has use loans very effectively to expand her farming. She wants to borrow 7,630,000 Vietnamese dong to buy more food for pigs.

Lien T. D. is 35 years old with 2 children. She runs a tailoring shop at her house. She wants a loan of 6,322,000 Vietnamese dong to buy more clothes.

Su T. H. is 48 years old with 2 children. She grows rice and vegetables in a paddy of 4,500 square meters. She wants a loan of 7,630,000 Vietnamese dong to buy a more seeds and fertilizer.

Mai T. N. is 41 years old with 2 children. She runs a small restaurant that serves breakfast. She needs a loan of 6,322,000 Vietnamese dong to buy 7 sets of tables and chairs.

Dong T. T. is 40 years old. She is a farmer who grows rice and vegetables to sell in a local market. She is requesting a loan of 7,630,000 Vietnamese dong to buy fertilizer.

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
  • 21
    View loans »
    Vietnam Loans Fundraising
  • $12,540,600
    Funds lent in using Kiva
  • 20,855.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Hang's Group's $1,725 loan helped a member to buy more food for pigs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2011
Listed
Jun 1, 2011
Currency Exchange Loss:
Covered
Ended:
May 25, 2012