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Vu's Group
In this Group: Vu, Xuan, Toan, Chu, Ha
Vu was born in 1980. She is married with two children who are going to school. Her husband is a worker. Mrs Vu grows rice, sells vegetables and raises pigs. She has had these jobs for many years. She has a monthly income of about 3.000.000 Vietnam dong (VND). She has participated in SEDA since 2009. The last loan cycle, she borrowed 6.322.000 VND and repaid this loan punctually. In this loan cycle, she would like to borrow 8.066.000 VND to buy food for the pigs. She is the leader of a five-member group loan.

About the other borrowers in her group:

Xuan is 49 years old. She is a farmer. She would like to borrow 6.322.000 VND to buy food for the pigs.

Toan is 58 years old. She wants to borrow 6.758.000 VND to invest in her livestock.

Chu is 51 years old. She wants to borrow 6.758.000 VND to buy 100 chickens.

Ha is 37 years old. She wants to borrow 5.014.000 VND to buy food for the ducks.

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
  • 79
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 20,560.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Vu's Group's $1,625 loan helped a member to buy food for pigs.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2011
Listed
Aug 7, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012