Nguyễn Thị Hoa Group
In this second loan cycle, she borrows VND4,704,000 for 50 weeks to invest more in buying and reselling fruits. Other members in her group include:
+ Ms. Chu Thi B. borrows VND4,256,000 in 50 weeks to buy supplies for dried rice pancake.
+ Mrs . Nguyen Thi Hoi borrows VND4,704,000 in 50 weeks to invest in fruit trading
+ Mrs. Duong Thi Hong borrows VND4,704,000 in 50 weeks to invest more in clothes trading
+ Mrs Dang Thi Huong borrows VND4,704,000 in 50 weeks to invesst more in clothes trading.
Chị Chu Thị B. vay 4256000 vnđ/ 50 tuần để mua nguyên liệu tráng bánh đa nem.
Chị Nguyễn Thị H. vay 4704000 vnđ/ 50 tuần để thêm vốn buôn bán H. quả.
Chị Dương Thị H. vay 4704000 vnđ/ 50 tuần để thêm vốn bán quần áo.
Chị Đặng Thị Hường vay 4704000 vnđ/ 50 tuần để thêm vốn bán quần áo.
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.
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Success!! The loan was 100% repaid