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Hue's Group
In this Group: Hue, Lieu, Huong, Thanh, Hang
Hue was born in 1970. She has two sons. The older son is learning in the 6th grade. The younger child is learning in the 4th grade. Her husband is a farmer. His income is about 2,000,000 VND per month. Hue collects iron scraps to earn a living. She also raises chickens to earn more money for her family. She gains about 3,000,000 VND a month. Her family’s total earnings are about 5,000,000 VND per month.

She began participating in SEDA's credit program in 2013. In this first loan, she would like to borrow 5,152,000 VND to buy food for her chickens. Her dream is for her children to have good careers.

Other members who are part of Hue's group include the following:

Lieu was born in 1982. She has two children. She is a worker. She wants to borrow 5,152,000 VND to buy food for her chickens.
Huong was born in 1974. She has two children. She is a worker. She wants to borrow 5,152,000 VND to buy food for her pigs.
Thanh was born in 1971. She has two children. She is a farmer. She wants to borrow 5,152,000 VND to grow rice.
Hang was born in 1977. She has three children. She raises pigs to earn a living. She wants to borrow 5,152,000 VND to buy food for them.

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
  • 74
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 20,811.8
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

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