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Huong's Group
In this Group: Huong, Than
Huong was born in 1977. She has two children who are studying at primary and high school. Her husband sells beef in the market and earns an income of about 3,500,000 VND per month. Huong sells pork in the market and earns 3,500,000 VND each month. Huong has participated in SEDA's credit program since 2012.

Huong is requesting a 5,014,000 VND loan to buy more kinds of pork to sell in her stall. She plans to let her children stay in school to receive a higher education and also buy a television for her little house. Her fellow group member is Than who is 50 years old and has two children. Than sells newspapers and magazines for a living and is requesting a 6,322,000 VND loan to buy more magazines to sell.

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
  • 79
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 20,850.2
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Huong's Group's $550 loan helped a member to buy different kinds of pork to sell at her stall.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2012
Listed
Oct 2, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2013