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Dung's Group
In this Group: Dung, Thuan, Thu, Quyen, Thoa
Dung was born in 1992. She has a little child. Her husband is a carpenter. His income is 5,000,000 VND per month. Dung sells clothes to earn a living. She earns 5,000,000 VND a month. Her family’s total earnings are about 10,000,000 VND per month.

Dung became a member of SEDA's credit program in 2013. In this first loan, she would like to borrow 5,152,000 VND to buy more clothes to sell. Her dream is to be able to let her child go to school until university.

Other members who are part of Dung's group include the following:
Thuan was born in 1960. She has three children. She wants to borrow 5,152,000 VND to buy food for her chickens.
Thu was born in 1956. She has four children. She is a farmer. She wants to borrow 5,152,000 VND to buy food for her pig.
Quyen was born in 1987. She has a little child. She wants to borrow 5,152,000 VND to sell clothes in the market.
Thoa is a teacher. She has two children. She wants to borrow 5,152,000 VND to buy food for her pigs.

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
  • 130
    View loans »
    Vietnam Loans Fundraising
  • $12,974,825
    Funds lent in using Kiva
  • 20,808.2
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Dung's Group's $1,250 loan helped a member to buy more clothes to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2013
Listed
Feb 6, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014