A loan of $1,475 helped a member to invest in expanding the business.

Nguyễn's Group's story

T. Nguyễn Thị (20211020048) is a 28-year-old female living in the town of Huyện Yên Phong, Bắc Ninh. T. is the group leader of this five-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 Ngô Nội 2 nhóm 05 (Nhóm 05).

T. is married and has two school-aged children. She operates a family member's business providing repair services to local community members. She has been engaged in this business for over ten years and earns approximately 3,000,000 VND a month.

T. joined SEDA to gain access to financial services to help improve her living situation and her ability to engage in business activities. She is now requesting a new loan of 5,152,000 VND which will be used to invest in expanding the business. This loan will be her first from SEDA. She plans to use the additional revenue generated from the business to improve and expand the business.

About the other borrowers in the group:

1. Nguyễn Thị H. (0) is a 28-year-old female who is requesting a 5,152,000 VND loan to support her business raising livestock.

2. Nguyễn Thị

In this group: Nguyễn, Nguyễn, Nguyễn, Nguyễn, Nguyễn
*not pictured

Loan details

Lenders and lending teams

Loan details