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Suu's Group
In this Group: Suu, Hoai, Che, Hop, Thuy, Chinh
Suu was born in 1973. She lives with her family in Dong Anh, Hanoi. She has three children. Her oldest child is studying at the university, her youngest child is in primary school and her middle child is in high school. Her husband is a driver. She sells beef to earn a living. She earns about 4,000,000 VND per month. She has done this job for years. Her family’s total earnings are about 10,000,000 VND per month. Her challenge in life and work is the lack of capital to sell beef. Her dream is to grow her business and buy more equipment for her house. This loan is one of the steps to help her reach this dream. Suu is a hard working woman. She also has a passion for her job. This is the first time she has participated in SEDA's credit program. In this cycle, she would like to borrow 5,014,000 VND to sell pork. She always wanted to expand her business and have a better life in future.

Other members who are part of Suu’s group include the following:
Hoai was born in 1977. She has two children. She sells beef to earn a living. She wants to borrow 5,014,000 VND to buy materials to sew.
Che was born in 1967. She has a child. She sells food to earn a living. She wants to borrow 5,014,000 VND to sell food.
Hop was born in 1975. She has three children. She sells pork to earn a living. She wants to borrow 5,014,000 VND to sell pork.
Thuy was born in 1988. She sells drinks to earn a living. She wants to borrow 5,014,000 VND to sell drinks.
Chinh was born in 1968. She has two children. She sells vegetables to earn a living. She wants to borrow 5,014,000 VND to sell vegetables.

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
  • 116
    View loans »
    Vietnam Loans Fundraising
  • $13,733,200
    Funds lent in using Kiva
  • 21,083.7
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Suu's Group's $1,450 loan helped a member to sell pork.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2013
Listed
Nov 17, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014