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Thang's Group
In this Group: Thang, Lan, Nhu
Mrs. Thang, 30 years old, has two children who attend school. She has worked as a carpenter for 7 years, earning a monthly income of 4,800,000 VND. She has participated in SEDA's credit program since 2009. In her last cycle, she borrowed 9,184,000 VND and repaid the loan on time. In this loan cycle, Mrs. Thang wants to borrow 6,496,000 VND to enlarge her carpentry studio at home.

Mrs. Lan, 36 years old, wants to borrow 7,392,000 VND to do her carpentry work.
Mrs Nhu, 39 years old, wants to borrow 5,152,000 VND to do her carpentry work.

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
  • 116
    View loans »
    Vietnam Loans Fundraising
  • $13,733,200
    Funds lent in using Kiva
  • 20,950.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Thang's Group's $925 loan helped a member to enlarge her carpentry studio at home.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2012
Listed
Jun 22, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013