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Nhuong's Group
In this Group: Nhuong, Quyen, Hien, Duyen, Thuy, Lieu*
* not pictured
Nhuong was born in 1969. She has two children. Her daughter is learning and in the 3rd grade. Her son is at learning and in the 5th grade. Her husband is a driver. Nhuong makes and sells cooked food in a market to earn a living. She earns 3,000,000 VND a month. Her family’s total earnings are about 7,000,000 VND per month. She has participated in SEDA's credit program since 2012. In this first loan cycle, she would like to borrow 5,014,000 VND to pay for her children’s education fees. Her dream is that her children can have good careers.

Other members who are part of Nhuong's group include the following:
Quyen has a child. She sells clothes to earn a living. She wants to borrow 5,014,000 VND to do her job.
Hien has two children. She raises pigs to earn a living. She wants to borrow 5,014,000 VND to raise pigs to sell.
Duyen has a child. She sells fresh fruit for a living. She wants to borrow 5,014,000 VND to do her job.
Thuy has a child. She raises chickens to earn a living. She wants to borrow 5,014,000 VND to buy food for the chickens.
Lieu was born in 1976. She has two children. She sews clothes and raises chickens to earn a living. She wants to borrow 5,014,000 VND to buy food for chickens.

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

  • $5,600
    Average annual income
  • 84
    View loans »
    Vietnam Loans Fundraising
  • $14,449,625
    Funds lent in using Kiva
  • 20,834.8
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Nhuong's Group's $1,450 loan helped a member to pay for her children’s education fees.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 1, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013