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San's Group
In this Group: San, Trang, Hoc
San is 39 years old. He has two adult children. He raises cattle and sells it to the beef market. He earns from it 4,200,000 VND a month. He has participated in SEDA's credit program since 2011. The last cycle, he borrowed 5,152,000 VND and repaid the loan on time. In this loan cycle, he wants to borrow 7,392,000 VND to enlarge his cattle farming business size and to buy more cattle breeds.
There are two other group members. Mr. Trang is 35 years old. He wants to borrow 6,944,000 VND to raise chickens and their eggs.
Mrs. Hoc is 29 years old. She wants to borrow 6,944,000 VND to raise 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

  • $725
    Average annual income
  • 26
    View loans »
    Vietnam Loans Fundraising
  • $12,532,400
    Funds lent in using Kiva
  • 20,942.5
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of San's Group's $1,025 loan helped a member to enlarge his cattle farming business size and to buy more cattle breeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2012
Listed
Jul 4, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013