A loan of $1,425 helped a member to invest in her cosmetic shop.


Xuan's Group's story

Xuân T. Đàm was born in 1970. She lives in Ngoc Loi, Duc Tu, Dong Anh, Ha Noi with her husband and two children. Her husband is a worker. Their first son is a carpenter near the house. Xuan has a cosmetic shop in the village. She sells cosmetics, souvenirs and hair fastener. Xuân is the group leader of a six-member group loan offered by SEDA. While each member of the group receives an individual loan, they all are responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Xuan is now requesting a new loan of 4.142.000 VND (or 230 USD) which will be used to invest in her cosmetic shop. About the Other Borrowers in the Group: Mắn Thị Nguyễn was born in 1954. She has two children. Every day, she buys chickens from farmers and resells them in the market. She needs 4.578.000 VND (or 250 USD) to buy more chickens. Miên Thị Hoàng was born in 1970.She has two children. She sells fresh beer at home. She needs 4.578.000 VND (or 250 USD) to buy chairs and tables. Thu Thị T. Phạm was born in 1970. She has two children. She breeds pigs and poultry. She needs 4.578.000 VND (or 250 USD) to buy food for them. Vân Thị Nguyễn was born in 1971. She has two children. She sells fish in the market. She needs 4.578.000 VND (or 250 USD) to buy more fish for sale. Hà Thị Nguyễn was born in 1977. She has two children. Her family has a carpentry workshop at home. She needs 4.578.000 VND (or 250 USD) to buy wood.

In this group: Xuan, Man, Mien, Thu, Van, Ha
*not pictured



Loan details


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Loan details