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Hanh's Group
In this Group: Hanh, Thom, Quyet, Ke , Hang
Hanh is 27 years old. She has two children who are little. Her husband is a carpenter to earn a living. He earns about 5,000,000 VND per month. Hanh sells fruits and breeds pigs. She earns about 4,000,000 VND per month. She has done this job for three years. Her family’s total income is about 9,000,000 VND per month. Her challenge in work is her lack of capital to expand her farm and buy more pigs. Her dream is to have a better and cleaner farm. This loan is one of the steps that will help her to reach her dream. Hanh is a hardworking woman and a passionate businesswoman.

She has participated in SEDA’s microfinance program since 2011. In the last loan cycle, she borrowed 7,392,000 VND and repaid on time. In this loan cycle, she would like to borrow 8,288,000 VND to buy more pigs to raise.

Other members who are part of Hanh’s group include the following:
Thom is 33 years old. She has two children. She sells fish in the market. She wants to borrow 8,288,000 VND to invest in her business;
Quyet is 51 years old. She has four children. She has a farm. She wants to borrow 6,944,000 VND to breed chickens;
Ke is 56 years old. She has two children. She has a farm. She wants to borrow 6,944,000 VND to breed pigs;
Hang is 34 years old. She has two children. She is a tailor. She wants to borrow 5,152,000 VND to breed 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.

Tags

About Vietnam

  • $725
    Average annual income
  • 82
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 21,026.2
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Hanh's Group's $1,700 loan helped a member to buy more pigs to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014