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Thi Nhi's Group
In this Group: Thi Nhi, Thi Hong, Thi Dat
View original language description ↓
Mrs Nhị is 39. She does various tasks to earn a living: cultivate vegetables, raise poultry, sell grocery. Her family income is 100000 VND a day (~6.25 usd a day). She likes to borrow from BinhMinh cdc (SEDA) because of the weekly payment arrangement and the paperwork is simple. She requests 2006000 VND (125 usd).

Mrs Hồng is 26, she will use the loan to buy merchandise to resell

Mrs Đạt will use the loan to raise poultry and cultivate vegetables



Translated from Vietnamese by Khang Ho-Si, Kiva volunteer.



Chị Nhị, 39 tuổi, làm đa ngành nghề: trồng rau, chăn nuôi và bán hàng. Thu nhập trung bình của gia đình chị là 100000đồng/ngày. Chị chưa từng vay ở đây cả. Chị thích vay ở chương trình tài chính vi mô binhminhcdc vì thích hình thức trả góp và không phải thế chấp, nên chị vay 2006000 đồng để chăn nuôi gà.

Chị Hồng, 26 tuổi vay vốn bán hàng.

Chị Đạt vay vốn để chăn nuôi và trồng rau.

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
  • 118
    View loans »
    Vietnam Loans Fundraising
  • $13,354,625
    Funds lent in using Kiva
  • 15,936.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Thi Nhi's Group's $400 loan helped a member trồng rau, chăn nuôi.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 22, 2008
Listed
Mar 8, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 19, 2008