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Kim's Group
In this Group: Kim, Tat, Hanh, Dan
Kim was born in 1969. She lives in Trung Thon village, Dong Anh commune. She has two children. She and her husband are farmers. Not only growing rice, but also she goes to small business. She is the leader of 4-member group loan of SEDA. She has participated with SEDA since 2006 and always pays her loan punctually. The last cycle, she borrowed 5,014.000 Vietnamdong (VND). In this cycle, she would like to borrow 7,194.000 VND to buy fruits to sell.

About other borrowers in her group:
Tat is 41 years old. She has two children. She wants to borrow 5,450.000 VND to buy pigs.
Hanh is 42 years old. She has two children. She would like to borrow 6,758.000 VND to buy more iron scrap.
Dan is 59 years old. She would like to borrow 6,322.000 VND to buy iron scrap to resell.

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
  • 140
    View loans »
    Vietnam Loans Fundraising
  • $13,029,750
    Funds lent in using Kiva
  • 20,840.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Kim's Group's $1,250 loan helped a member to buy fruits to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2012
Listed
Jun 4, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013