Check out some available loans that are similar to this one!
Khanh's Group
In this Group: Khanh, Anh, Thu, Hai, Hoa, Chung, Nga
Khanh is 39 years old. She has two children. One of them just graduated from high school. The other one is in the 8th grade. Her husband earns his living as a driver. His income is about 5,000,000 VND per month. Khanh sells groceries, and she earns about 5,000,000 VND per month. She has done this job for ten years. Her family’s total earnings are about 10,000,000 VND per month. Her challenge, in life and work, is a lack of capital to expand her grocery store. Her dream is to expand her grocery store and repair her house. This loan is one of the steps that will help her to reach this dream. Khanh is a hardworking and dynamic woman. She has participated in SEDA's microfinance program since 2004. In the last loan cycle, she borrowed 9,810,000 VND and repaid it on time. In this new loan cycle, she would like to borrow 11,554,000 VND to buy more noodles, beverages, beer, biscuits and tobacco for her grocery store. She always wants to expand her business.

Other members who are part of Khanh's group include the following:

Anh is 34 years old. She has three children. She repairs motorbikes. She wants to borrow 11,118,000 VND to invest in her business.
Thu is 55 years old. She has three children. She grows rice. She wants to borrow 11,118,000 VND to raise chickens.
Hai is 34 years old. She has two children. She is a barber. She wants to borrow 11,118,000 VND to invest in her barbershop.
Hoa is 51 years old. She has two children. She grows rice. She wants to borrow 11,118,000 VND to grow landscape trees.
Chung is 54 years old. She has two children. She cooks food to sell. She wants to borrow 11,118,000 VND to invest in her restaurant.
Nga is 42 years old. She has a child. She cooks food to sell. She wants to borrow 11,118,000 VND to invest in her restaurant.

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
  • 74
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 21,125.9
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Khanh's Group's $3,725 loan helped a member to buy more noodles, beverages, beer, biscuits and tobacco for her grocery store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2013
Listed
Sep 17, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014