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Trang's Group
In this Group: Trang, Ngoc, Thien, Huyen, Tiep
Trang is 31 years old. She has two children. Her son and daughter are little. Her husband is a painter. His income is about 7,000,000 VND (Vietnamese dong) per month. Trang sells fruits to earn a living. She earns about 5,000,000 VND per month. She has done this job for three years. Besides that, she also is a farmer. Her family’s total income is about 12,000,000 VND per month.

Her challenge in work is lacking capital for her business. Her dream is to build a home. This loan is one of the steps that helps her reach this dream. She is hardworking woman and passionate businesswoman.

This is the first time she participates in SEDA’s credit program. In this loan cycle, she wants to borrow 5,014,000 VND to obtain fruits to sell.

Other members who are part of Trang’s group include the following:

Ngoc is 25 years old. She has two children. She is a worker. She wants to borrow 5,014,000 VND to breed chickens.

Thien is 40 years old. She has two children. She is a farmer. She wants to borrow 5,014,000 VND to breed chickens.

Huyen is 29 years old. She has two children. She is a worker. She wants to borrow 5,014,000 VND to breed chickens.

Tiep is 62 years old. She has two children. She is a farmer. She wants to borrow 5,014,000 VND to breed 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

  • $725
    Average annual income
  • 23
    View loans »
    Vietnam Loans Fundraising
  • $12,532,400
    Funds lent in using Kiva
  • 21,039.4
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Trang's Group's $1,200 loan helped a member to obtain fruits to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
Jun 14, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014