A loan of $1,600 helped a member to purchase raw ingredients needed to make products for sale.

Nguyễn's Group's story

Nguyễn Thị H. is a 51 year-old female living in the town of Yên Phong - Bắc Ninh. H. is the group leader of a 6 member group loan offered by SEDA. While each member of the group receives an individual loan, they are all responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. The official name of this borrowing group is Trung Bạn 2 - 01 (1).

H. is married and has 2 adult children. To making a living, H. owns and operates a business venture in the food sector, making and selling food. While not the only means for generating revenue, the main source of income from the business comes primarily from selling fried foods in the local community. H. has been engaged in this business for over 10 years and earns approximately 4,000,000VND a month from these activities.

H. joined SEDA to gain access to financial services to help improve her living situation and ability to engage in business activities. She is now requesting a new loan to purchase raw ingredients needed to make products for sale. The loan will be the first loan taken out by the borrower from SEDA. H. plans to use the additional revenue generated from the business to improve/expand her business.

About the Other Borrowers in the Group:

1. Nguyễn Thị Hà is a 36 year old female who is requesting a loan to support her business in the agriculture sector raising livestock.

2. Nguyễn Thị

In this group: Nguyễn, Nguyễn, Nguyễn, Nghiêm, Nguyễn, Nguyễn

Loan details

Lenders and lending teams

Loan details