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Dung's Group
In this Group: Dung, Cham, Huong, Doan, Lan, Manh
Dung was born in 1979. She lives in Van Loc village, Xuan Canh commune. She is a member of the Van Loc cluster. Her husband is staying in the army. She has a child. Mrs Dung sells clothes in the market. She has had this job for 4 years. She has a monthly income of about 4,000,000 Vietnamdong (VND). She has participated in SEDA since 2010. The last time she borrowed 5,014,000 VND and repaid this loan punctually. In this loan cycle, she would like to borrow 6,322,000 VND to buy more clothes to sell. She is the leader of a 6-member group loan in SEDA.

About other borrowers in her group:
Cham is 41 years old. She has two children. She wants to borrow 6,322,000 VND to buy food for poultry.
Huong is 33 years old. She has two children. She wants to borrow 6,322,000 VND to expand her restaurant.
Doan is 25 years old. She has one child. She wants to borrow 6,758,000 VND to buy food for pigs.
Lan is 27 years old. She has one child. She wants to borrow 6,322,000 VND to invest in her barbershop.
Manh is 26 years old. She has two children. She wants to borrow 8,502,000 VND to buy food for pigs and poultry.

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
  • 197
    View loans »
    Vietnam Loans Fundraising
  • $14,213,925
    Funds lent in using Kiva
  • 21,030.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Dung's Group's $1,950 loan helped a member to buy more clothes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2011
Listed
Jan 2, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013