Thu sells fish in the market. She has had this job for many years. She has a monthly income of about 5,000,000 VND. She has participated in SEDA since 2009. The last cycL., she borrowed 4,142,000 VND and repaid this loan punctually.
In this loan cycL., she would like to borrow 6,322,000 VND to buy more fish to sell.
About other borrowers in her group:
Trang is 29 years old. She is married and has one child. She sells clothes in the market. She would like to borrow 6,322,000 VND to expand her clothes shop.
Hoa is 51 years old. She has four children. She would like to borrow 5,014,000 VND to start a small business.
Thanh is 47 years old. She has a restaurant. She wants to borrow 5,014,000 VND to invest in her restaurant.
Nhung is 25 years old. She sells clothes in the market. She wants to borrow 5,014,000 VND to buy more clothes to sell.
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.
82View loans »
Success!! The loan was 100% repaid