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Hiền's Group
In this Group: Hiền, Nhị, Thương, Hiền, Hương
Hien is 45 years old. She lives in Thon Đong village. She is married with two children. She is a farmer who not only grows rice and wheat but raises chickens and pigs as well. She is part of the loan at the Center for SEDA 2011. This is her first loan and she wishes to borrow 5,152,000 VND to expand her business and buy feed for her chickens and pigs.

She is the leader of the five–member group loan. The other borrowers in her group are as follows:

Nhi is 22 years old. She wants to borrow 5,152,000 VNĐ to purchase scrap.

Thương is 24 years old. She wants to borrow 5,152,000 VNĐ to buy feed for her chickens.

Hien is 32 years old. She wants to borrow 5,152,000 VNĐ to buy to prepare breakfast foods to sell such as porridge.

Hương is 26 years old. She wants to borrow 5,152,000 VNĐ to buy food for her chickens and pigs

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
  • 154
    View loans »
    Vietnam Loans Fundraising
  • $13,311,075
    Funds lent in using Kiva
  • 20,580.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Hiền's Group's $1,275 loan helped a member to purchase feed & other supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012