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An's Group
In this Group: An, Hue
An is 42 years old and is lives in in Phu Man village, Cho Town, with her husband and two children. For the past five years, she has run a general store where she sells things for the people in her village such as cake, candy, cigarettes, sugar, wine, beer and many other goods. An earns a monthly income of 6,000,000 VND.

An is requesting a loan of 5,152,000 VND to buy merchandise to sell with the goal of expanding her business and increasing her profit. This will be her first loan with SEDA.

Hue is the other borrower in this group. She is 45 years old and is requesting a 5,152,000 VND loan to buy fertilizer.

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
  • $14,194,975
    Funds lent in using Kiva
  • 21,009.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of An's Group's $500 loan helped a member to buy groceries to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2011
Listed
Nov 13, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012