Total loan: $2,050

Van's Group

Bac Ninh, Bac Ninh Province, Vietnam / Construction

Van's Group's loan finished fundraising,
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A loan helped to buy wood.

Van's Group's story

Van is 40 years old. She has two children. Her daughter is married. Her son is a carpenter. Her husband is also a carpenter. Van produces rice paper and weaves bamboo to earn a living. Additionally, Van also grows crops to raise more money for her family. Her family’s total earnings are about 23,000,000 VND per month. Her challenges in life and work are a lack of capital to buy wood to expand her family carpentry workshop. She dreams of having a new and modern house and enlarging her carpentry workshop. This loan is one step toward helping her achieve this dream. She can buy more wood then raise more revenue from her family business. Thus, she can save her profits for her dream. Van has participated in SEDA's credit program since 2008. In the last loan cycle, she borrowed VND 9,632,000 and repaid on time. In this new loan cycle, she would like to borrow 10,976,000 VND to buy wood. Other members who are part of Van's group include the following: Hiep was born in 1966. She has three children. She would like to borrow VND 8,736,000 to invest in her family business which is selling gas. Thanh was born in 1947. She wants to borrow VND 6,048,000 to raise chickens. Mai was born in 1963. She has three children. She would like to borrow VND 10,976,000 to sell eggs in a local market. Luong was born in 1953. She would love to borrow VND 6,496,000 to invest in her carpentry workshop.