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Phuong's Group
In this Group: Phuong, Thoa, Hai, Huong, Thuy, Dien
Phuong was born in 1981. She has three children, who are learning at kindergarten and primary school. Her husband is a farmer, and he earns 3,000,000 VND from his job. Phuong cooks food in the market for a living. She earns 3,000,000 VND a month. Her family’s total earnings are about 6,000,000 VND per month. She began participating in SEDA's credit program in 2012. In this first loan cycle, she would like to borrow 5,014,000 VND to buy dishes, tables and chairs for her food stall. Her dream is to support her children's going to school until higher education.

Other members of Phuong's group include the following.

Thoa is 49 years old. She has two children. She sells noodles to earn a living. She wants to borrow 5,014,000 VND to cook food and sell it in the market.

Hai is 30 years old. She has two children. She raises pigs to earn a living. She wants to borrow 5,014,000 VND to raise pigs for selling.

Huong is 25 years old. She has a child. She raises pigs and chickens for a living. She wants to borrow 5,014,000 VND to raise more chickens for selling.

Thuy is 20 years old. She has a child. She has a grocery store to earn a living. She wants to borrow 5,014,000 VND to raise pigs for selling.

Dien is 53 years old. She has two children. She raises pigs to earn a living. She wants to borrow 5,014,000 VND to raise more pigs for selling.

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
  • 178
    View loans »
    Vietnam Loans Fundraising
  • $13,311,075
    Funds lent in using Kiva
  • 20,829.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Phuong's Group's $1,450 loan helped a member to buy dishes, tables and chairs for her food stall.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2012
Listed
Oct 29, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013