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Thanh's Group
In this Group: Thanh, Thu, Luong
Ms Thanh is 66 years old with three children who are grown. She is a paper artificial goods maker - a traditional business in Vietnam. Her business started 2 years ago. Joining in our credit program in 2008, she has used loans for expanding her business activity. Currently, she wants to have a loan of 6,048,000 Vietnamese dong (VND) to buy material for her making process.

Ms Thu is 52 years old. She has a shop that sells fresh fruit in local market. She wants to borrow a loan of 6,048,000 VND to buy more fruits for sale.

Ms Luong is 52 years old. She has a small wood work shop that make housing furniture. She wants to borrow a loan of 7,392,000 VND to buy wood.

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
  • 100
    View loans »
    Vietnam Loans Fundraising
  • $14,461,025
    Funds lent in using Kiva
  • 21,020.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Thanh's Group's $950 loan helped a member to buy material for her making process.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2011
Listed
Dec 19, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012