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Lien's Group
In this Group: Lien, Bon , Thuan, Chuc, Phuong, Thanh
Lien was born in 1966. She lives with her family in Dong Anh, Hanoi. She has a son who is a carpenter. She is a vegetable seller. She has done this job for two years. She earns about 3,000,000 VND per month. Her family’s total earnings are about 6,000,000 to 7,000,000 VND per month. Her challenge in life and work is lacking capital to raise chickens. Her dream is to ensure her family’s life and earn more money to buy equipment for her house. This loan is one of the steps to help her reach this dream.

Lien is a hard working woman. She has participated in SEDA's credit program since 2012. In this cycle, she would like to borrow 5,014,000 VND to sell vegetables. She always wants to develop her business and get a better life.

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

Bon is 47 years old. She has a child. She is an iron seller. She wants to borrow 5,014,000 VND to buy chickens for raising.

Thuan is 29 years old. She has two children. She sells vegetables to make a living. She wants to borrow 6,322,000 VND to buy more kinds of vegetables to sell.

Chuc is 53 years old. She has two children. She is a chicken raiser. She wants to borrow 5,014,000 VND to buy more chickens for raising.

Phuong is 26 years old. She has two children. She is a vegetable seller. She wants to borrow 5,886,000 VND to buy more vegetables to sell.

Thanh is 46 years old. She has two children. She is a carpenter. She wants to borrow 5,886,000 VND to buy materials for crusting.

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

  • $5,600
    Average annual income
  • 186
    View loans »
    Vietnam Loans Fundraising
  • $14,164,800
    Funds lent in using Kiva
  • 21,083.7
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Lien's Group's $1,575 loan helped a member to sell vegetables.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2013
Listed
Nov 18, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014