A loan of $1,600 helped a member to purchase equipment to improve the business.


Nguyễn's Group's story

H. Nguyễn Thị (20206030040) is a 42-year-old female living in the town of Yên Phong - Bắc Ninh. H. is the group leader of a 5-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. The official name of this borrowing group is Yên Hậu 1 (Yên Hậu nhóm 03).


H. is married and has 2 adult -aged children. To making a living, H. works in someone else's business venture in the services sector operating a service-based business. While not the only means for generating revenue, the main source of income for the business comes primarily from providing general services to local community members. H. has been engaged in this business for over 2 years and earns approximately 3.000.000 VND a month from these activities.


In 2008, H. joined SEDA to gain access to financial services to help improve her living situation and ability to engage in business activities. H. has successfully repaid a previous loan of 5.152.000 VND from SEDA. This previous loan was used to invest in expanding the business. She is now requesting a new loan of 5.152.000 VND which will be used to purchase equipment to improve the business. The loan will be the 3rd loan taken out by the borrower from SEDA. H. plans to use the additional revenue generated from the business to financially support extended members of the borrower's family.


About the Other Borrowers in the Group:


1. Nguyễn Thị H. (20206030041) is a 44 year-old female who is requesting a 6.048.000 VND loan to support her business in the food sector making & selling food.


2. Nguyễn Thị H. (20206030042) is a 44 year-old female who is requesting a 6.048.000 VND loan to support her business in the food sector making & selling food.


3. Vũ Thị Huệ (20206030043) is a 35 year-old female who is requesting a 5.152.000 VND loan to support her business in the manufacturing sector operating a furniture making business.


4. Đàm Thị

In this group: Nguyễn, Nguyễn, Nguyễn, Vũ, Đàm



Loan details


Lenders and lending teams



Loan details