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Nga's Group
In this Group: Nga, Binh, Thanh, Lien
Mrs. Nga was born in 1963. Her husband is a building worker. He gets 3,000,000 VND each month. Her children are all adults. Mrs Nga raises chickens for a living. She also has a pension of 3,000,000 VND per month. The total income of her family is 7,000,000 VND. She has participated in the credit program from Kiva partner since 2007. The last cycle, she borrowed 5,014,000 VND and repaid it on time. In this loan cycle, she wants to borrow 6,758,000 VND to invest more in her farm so that she can get more money from raising chickens.

Mrs. Binh is 56 years-old. She has one child. Mrs. Binh is a cooked food maker. She wants to borrow 6,758,000 VND in order to enlarge her food stall.

Mrs Thanh is 29 years-old. She has two children. Mrs. Thanh is a tofu maker. She wants to borrow 6,758,000 VND to make more tofu to sell.

Mrs. Lien is 45 years-old. She has two children. Mrs. Lien is a dry stuff seller. She wants to borrow 6,758,000 VND to invest in her market stall of dry stuff.

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
  • 125
    View loans »
    Vietnam Loans Fundraising
  • $12,974,825
    Funds lent in using Kiva
  • 20,870.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Nga's Group's $1,225 loan helped a member to invest in her farm so that she can get more money from raising chickens.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2013