Check out some available loans that are similar to this one!
Vien's Group
In this Group: Vien, Thin, Binh, Vien , Mai
Vien was born in 1959. She has a child who is a barber and married. Vien and her husband sell groceries to earn a living. Her husband earns about 2,500,000 VND and Vien earns about 3,000,000 VND per month. She has done this job for 25 years. Her family’s total income is about 5,500,000 VND per month. Besides that, she also sells vegetables to earn more money. Her challenge in work is lacking capital to buy more vegetables for her store. Her dream is for her house to be more spacious and her store expanded. This loan is one step toward helping her reach her dream. Vien is a hard-working and dynamic woman.
She has participated in SEDA’s credit program since 2008. With the last loan, she borrowed 7,840,000 VND and repaid on time. In this loan, she wants to borrow 5,152,000 VND to buy beer, noodles, beverages, biscuits and tobacco for her grocery store. She wants to expand her grocery store.
Other members who are part of Vien's group include the following :
Thin is 61 years old. She has three children. She sells beef in the market. She wants to borrow 10,080,000 VND to invest in her business.
Binh is 55 years old. She has three children. She sells vegetables in the market. She wants to borrow 10,080,000 VND to invest in her business.
Vien is 40 years old. She has a child. She sells scrap. She wants to borrow 5,152,000 VND to invest in her business.
Mai is 34 years old. She has two children. She is a carpenter. She wants to borrow 5,152,000 VND to make carpentry.

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
  • 69
    View loans »
    Vietnam Loans Fundraising
  • $12,926,025
    Funds lent in using Kiva
  • 21,146.1
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Vien's Group's $1,700 loan helped a member to buy beer, noodles, beverages, biscuits and tobacco for her grocery store.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2013
Listed
Sep 17, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014