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Anonymous Group
In this Group: Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous
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Additional Information

More information about this loan

This loan is designed to provide families in Vietnam with financial assistance in order to send their children to primary or secondary school. Students often drop out of school because of insufficient funds, which in turn prevents them from pursuing higher education. Additionally, completion of primary and secondary school is required in order to secure a job in Vietnam. By funding this loan, you are giving Vietnamese students a chance to complete their primary or secondary education. Some loans are post-disbursed and will not be provided to students until they are fully funded by Kiva lenders.

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.

Tags

About Vietnam

  • $725
    Average annual income
  • 152
    View loans »
    Vietnam Loans Fundraising
  • $13,311,100
    Funds lent in using Kiva
  • 21,085.0
    Vietnam Dong (VND) = $1 USD
Paying Back - Delinquent
A portion of Anonymous Group's $2,925 loan helped a member to buy 60 little chickens and 300 kilograms of corn to feed pigs and chickens.
74% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2014
Listed
Mar 30, 2014
Currency Exchange Loss:
Possible