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Huyen's Group
In this Group: Huyen, Thuy, Linh, Hue
Huyen was born in 1977.She has two children who are learning in the 11th and the 6th grade. Her husband works abroad. He earns about 15,000,000 dong (VND) per month. Huyen raises pigs to earn a living. She earns about 5,000,000 VND per month. She has done this job for a long time. Her family’s total income is about 20,000,000 VND per month. Her challenge in business is lacking capital to invest in breeding livestock. Her dream is to let her children have a good education and stable jobs. This loan is one of the steps to help her reach her dream. She can expand her breeding to gain more earnings and save the profit for her children’s education.

Huyen is a hardworking and careful woman. She has participated in SEDA’s credit program since 2007. In the last loan cycle, she borrowed 9,810,000 VND and repaid on time. In this loan cycle, she wants to borrow 9,810,000 VND to buy more pigs to breed on her farm.

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

Thuy is 36 years old. She has two children. She sells fruit in the market. She wants to borrow 9,810,000 VND to invest in her business.

Linh is 28 years old. She has two children. She raises pigs. She wants to borrow 5,014,000 VND to invest in her work.

Hue is 24 years old. She raises pigs. She wants to borrow 5,014,000 VND to invest in her work.

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
  • 146
    View loans »
    Vietnam Loans Fundraising
  • $13,228,100
    Funds lent in using Kiva
  • 21,132.7
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Huyen's Group's $1,425 loan helped a member to buy more pigs to breed on her farm.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2013
Listed
Jul 5, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014