A loan of $2,450 helped a member to purchase livestock feed and other supplies.


Đăng's Group's story

H. Đặng Thị (20213010076) is a 52 year-old female living in the town of Yên Phong - Bắc Ninh. H. is the group leader of a 7-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 An Ninh nhóm 09 (An Ninh 2). H. is married and has 3 adult-aged children. To making a living, H. owns and operates a business venture in the agriculture sector raising livestock. While not the only means for generating revenue, the main source of income for the business comes primarily from raising cattle for sale. H. has been engaged in this business for over 20 years and earns approximately 4,000,000 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 4,704,000 VND from SEDA. This previous loan was used to purchase livestock feed and other supplies. She is now requesting a new loan of 7,392,000 VND which will be used to purchase livestock feed and other supplies. The loan will be the third 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. Lê Thị D. (20213010038) is a 26 year-old female who is requesting a 7.392.000 VND loan to support her business in the services sector operating a service-based business. 2. Nguyễn Thị T. (20213010037) is a 47 year-old female who is requesting a 7.392.000 VND loan to support her business in the food sector making and selling food. 3. Nguyễn Thị B. (20213010036) is a 28 year-old female who is requesting a 7.392.000 VND loan to support her business in the food sector making and selling food. 4. Trần Thị H. (20213010078) is a 33 year-old female who is requesting a 5.152.000 VND loan to support her business in the arts sector operating a handicraft business. 5. Dương Thị D. (20213010079) is a 48 year-old female who is requesting a 5.152.000 VND loan to support her business in the agriculture sector raising livestock. 6. Đỗ V.

In this group: Đăng, Lê, Nguyễn, Nguyễn, Trần, Dương, Đỗ
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