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Nga's Group
In this Group: Nga, Hong, Ha, Pha, Oanh, Loan
Nga is 35 years old. She has three children, who are learning in the first grade, the fifth grade and the eighth grade. Her husband is a construction material driver. His income is 6,000,000 VND per month. Nga raises chickens and works as an assistant for her husband, to earn a living. She earns about 3,000,000 VND per month. She has done this work for ten years. Her family’s total earnings are about 10,000,000 VND per month.

She has participated in SEDA's credit program since 2012. In the previous loan cycle she borrowed 5,152,000 VND and repaid the loan on time. In this loan cycle, she would like to borrow 7,392,000 VND to buy food for pigs. She always wants to expand the pigsty and to raise her children up well.

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

Hong is 20 years old. She wants to borrow 6,496,000 VND to buy wood for her carpentry workshop.
Ha is 29 years old. She wants to borrow 6,496,000 VND to buy wood for her carpentry workshop.
Pha is 38 years old. She wants to borrow 6,496,000 VND to buy wood for her carpentry workshop.
Oanh is 37 years old. She wants to borrow 6,496,000 VND to buy wood for her carpentry workshop.
Loan is 25 years old. She wants to borrow 6,496,000 VND to buy wood for her carpentry workshop.

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
  • 80
    View loans »
    Vietnam Loans Fundraising
  • $14,427,750
    Funds lent in using Kiva
  • 20,886.3
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Nga's Group's $1,925 loan helped a member to buy food for pigs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
May 17, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014