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Xinh's Group
In this Group: Xinh , Anh , Hang , Lan
Xinh T. N. is 45 years old with 2 children who are attending university and college. To provide good conditions for her children's education, she has to work very hard. She focused on growing rice, vegetables and raising chickens for meat, because these agricultural endeavors would meet her family's needs for food. As a client of our credit program since 2007, she has used loans effectively in expanding her farming. This has led to higher loan sizes year after year. Now, she needs a loan of 7,630,000 VND to buy fertilizer for the next crop.

Anh T. D. is 35 years old. She manages a small grocery shop in the local market. She needs 7,630,000 VND to buy more kinds of flowers to meet customer demand.

Hang T. H. is 30 years old. She is raising 10 pigs for meat. She needs a loan of 7,630,000 VND to improve the pig pen.

Lan T. H. is 35 years old. She is raising 200 chickens for meat. She needs a loan of 7,630,000 VND to buy chicken feed.

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
  • 125
    View loans »
    Vietnam Loans Fundraising
  • $13,745,925
    Funds lent in using Kiva
  • 20,755.2
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Xinh's Group's $1,475 loan helped a member to buy fertilizer for the next crop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2011
Listed
May 1, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 20, 2012