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Hiep
Hiep was born in 1959. She has two children who have their own families. One makes aluminum frames and the other is a medical staff member in a ward. Hiep’s husband is a staff member in a ward and his income is about 3,000,000 VND per month. Hiep breeds chicken to earn a living. She earns about 2,500,000 VND per month. Hiep has done this job for 25 years. Her family’s total earnings are about 10,500,000 VND per month.

Hiep's challenge in life and work is the lack of capital to buy more chickens for her farm. Her dream is to have a more spacious house and to expand the scale of her breeding business. This loan is one of the steps that will help her reach this dream. She can invest it in her breeding business to gain earnings and save profit for her family’s life.

Hiep is a hardworking woman and is passionate about business. She has participated in SEDA's microfinance program since 2012. In the last loan cycle, she borrowed 5,152,000 VND and repaid on time. In this new loan cycle, she would like to borrow 6,496,000 VND to buy more chickens to expand the scale of her breeding business.

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.

About Vietnam

  • $725
    Average annual income
  • 66
    View loans »
    Vietnam Loans Fundraising
  • $12,974,825
    Funds lent in using Kiva
  • 21,075.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Hiep to buy more chickens for breeding.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 1, 2013
Listed
Sep 17, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014