Her group includes Mrs Nguyen Thi Chi, 31 years old (ID 020201050057). Previously, she had one loan and has paid back in full. In this loan cycle, she wishes to borrow VND4,740,000 to invest in buying and processing scrap materials.
The income of her family is fairly stable, therefore she will be able to repay the loan and send her children to school.
Trong nhóm chị có chị Nguyễn Thị Chí năm nay 31 tuổi Ms 020201050057 chị cũng đã tham gia vay vốn qua 1 chu kỳ và hoàn trả rất tốt, chu kỳ này chị vay mức 4.740.000VNđ để đầu tư vào việc thu mua và tái sản xuất phế liệu. C.nh vì vậy mà thu nhập của gia đình chị khá ổn định để có thể trả vốn tốt, ngoài ra còn đầu tư vào việc nuôi con cái học hành.
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