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Manh Tan-1-2 Group
In this Group: Khanh, Cuc, Chieu, Du, Hoa
Khanh is 45 years old with 3 children. Her oldest child is studying at Technical University and two others are in High school. Being a farmer, she focuses on growing rice, corn and vegetables. Her farming products are used to meet the family's food demand. To make money for her daily expenditure, she makes tofu and sells it in local market. Besides, she uses the by-product as food for pig raising which helps her get more profit from her pig raising. Participating in our credit program in second loan cycle, she is requesting a loan of 6,322,000 Vietnamese dong to buy beans.



Cuc is 30 years old with 1 child. She is raising 100 chickens for eggs. She wants to borrow a loan of 6,322,000 Vietnamese dong to buy some fans to cool down the chickens.



Chieu is 45 years old with 2 children. She is growing vegetables and raising chicken for meat. She needs a loan of 6,322,000 Vietnamese dong to buy food and fertilizer.



Du is 35 years old with 1 child. She is raising 200 chickens for eggs . She needs a loan of 6,322,000 Vietnamese dong to buy food for them.



Hoa is 28 years old with 1 child. She is raising pigs for meat. She is requesting a loan of 6,322,000 Vietnamese dong to buy food for them.

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
  • 118
    View loans »
    Vietnam Loans Fundraising
  • $14,469,900
    Funds lent in using Kiva
  • 20,580.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Manh Tan-1-2 Group's $1,550 loan helped a member to buy food for her small business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2011
Listed
Jun 11, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 26, 2012