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Mien's Group
In this Group: Mien, Do, Ha
Mien was born in 1959. She is a member of Tien Kha cluster. She has a son. She and her husband are farmers. She not only grows rice and vegetables but she also raises chickens. Her son is a worker. He has an income. Her family has a monthly income of about 8,000,000 Vietnamdong. Mien has participated in SEDA since 2006. The last cycle she borrowed 6,758,000 VND and repaid this loan punctually. In this loan cycle, she would like to borrow 8,502,000 VND to buy feed for her chickens.

About the borrowers in her group:

Do is 60 years old. She wants to borrow 5,014,000 VND for her small business: buy more scrap iron.

Ha is 25 years old. She wants to borrow 5,014,000 VND 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
  • 91
    View loans »
    Vietnam Loans Fundraising
  • $14,449,625
    Funds lent in using Kiva
  • 20,940.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Mien's Group's $900 loan helped a member to buy feed for chickens.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2012
Listed
Jun 11, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013