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Hiep's Group
In this Group: Hiep, Mai, Mai, Thuy
Hiep is 33 years old. She lives in Dong Thon village and is married with two children. She is a farmer. She grows rice but she also raises pigs. She has participated in SEDA since 2010 and has repaid punctually. In this loan cycle, she would like to borrow 7.392.000 VND to buy more pigs. She is the leader of a 4-member group loan.

About other borrowers in her group:
Mai is 33 years old. She wants to borrow 8.736.000 VND to buy food for pigs.
Mai is 23 years old. She has a workshop. She wants to borrow 8.736.000 to buy wood.
Thuy is 34 years old. She wants to borrow 7.392.000 VND for a small business.

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
  • 192
    View loans »
    Vietnam Loans Fundraising
  • $14,187,950
    Funds lent in using Kiva
  • 20,550.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Hiep's Group's $1,575 loan helped a member to buy more pigs.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2011
Listed
Jul 23, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012