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Mach Trang-1-4 Group
In this Group: Huong, Thu , Hoa, Lan, Nam
Huong was born in 1983. She lives in Mach Trang village with her husband and two children who are still young. She has an internet shop and has a monthly income of about 5.000.000 Vietnamdong (VND). Huong has participated in SEDA since 2009. The last cycle, she borrowed 5.750.000 VND and repaid punctually. In this loan cycle, she would like to borrow 7.194.000 VND to buy a computer. Huong is the leader of a five-member group loan in SEDA.

Thu is 28 years old. She has two children. She raises chickens. She wants to borrow 7.194.000 VND to buy feed for the chickens.
Hoa is 30 years old. She has two children. She wants to borrow 5.014.000 VND to breed pigs as well as poultry.
Lan is 28 years old. She wants to borrow 7.194.000 VND to buy feed for chickens.
Nam is 39 years old. He has four children. He wants to borrow 5.014.000 VND to breed pigs as well as poultry.

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
  • 74
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 20,590.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Mach Trang-1-4 Group's $1,550 loan helped a member to buy a computer.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2011
Listed
Jul 2, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 30, 2012