Mrs. Ha Thi N. is 30 years old. She is a very hardworking person. Not only does she work the farm, raise pigs and cattle, but she also invested in buying a tilling machine and wheat processor to serve the agricultural community. Her group has completed their first round of funding and repayment in good fashion. In this round of funding she is requesting 3,808,000 VND to buy another wheat processor.
Her group includes:
Mrs. Chuyen Thi N., requesting 3,808,000 VND to supplement her capital in a silk business.
Mrs. The Thi N., requesting 2,464,000 VND to invest in buying breeding chickens.
Mrs. Han Thi N., requesting 3,360,000 VND to invest in buying feed for pigs and chickens.
Mrs. Huong Thi C., requesting 3,808,000 VND to invets in feed for pigs and chickens.
Mrs. Loi Thi N., requesting 2,464,000 VND to invest in buying pigs.
Translated from Vietnamese by Chi N., Kiva volunteer.
Chị Ngô Thị Hà (MS: 09050007), năm nay 30 tuổi. Chị là người rất chăm chỉ. Chị không chỉ làm ruộng, nuôi lợn, bò. Chị còn đầu tư máy cày, máy tuốt lúa để làm dịch vụ cho bà con nông dân. Nhóm chị đã hoàn thành C. kỳ một rất tốt. Lần này chị vay 3.808.000 VND để mua máy tuốt lúa.
Trong nhóm chị còn có
Chị Ngô Thị Chuyên (MS: 09050006), vay 3.808.000 VND bổ sung vốn làm tơ tằm
Chị Nguyễn Thị Thế (MS: 09050008), vay 2.464.000 VND bổ sung vốn mua gà giống.
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.