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Lan's Group
In this Group: Lan, Huan, Sau, Hau, Hang
Lan is 38 years old. She lives in Dong Thon village. She is married with two children. She has a store in the market. She has had this job for 10 years. She has a monthly income of about 5.000.000 Vietnamdong(VND). This is the first time she has participated in SEDA. She would like to borrow 5.152.000 VND to buy goods to sell. She is the leader of a 5-member group loan.

About other borrowers in her group.
Huan is 39 years old. She sells clothes in the market. She wants to borrow 5.152.000 VND to buy more clothes.
Sau is 44 years old. She wants to borrow 5.152.000 VND to buy food for pigs.
Hau is 56 years old. She wants to borrow 5.152.000 VND to buy bamboo.
Hang is 25 years old. She wants to borrow 5.152.000 VND to repair her hair salon.

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
  • 126
    View loans »
    Vietnam Loans Fundraising
  • $12,974,825
    Funds lent in using Kiva
  • 20,550.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Lan's Group's $1,275 loan helped a member to buy goods to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2011
Listed
Jul 22, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012