She has run a tailoring shop for four years and it strongL. developed when she was abL. to invest in one more sewing machine in 2010. CurrentL., she can make 3,500,000 VND profit per month.
Joining with our program in 2009, she has been a good group leader. For this new cycL. loan, she wants to have a loan of 7,194,000 VND to buy clothes to sew.
Hang T. N. is 47 years old with two children. She is running a small grocery shop right in her house. She needs to have 7,194,000 VND to buy more products to sell.
Ngan T. P. is 31 years old with two children. She is running a shop that sells soup for babies. She wants to have 654,000 VND to buy ingredients.
Lam T. L. is 47 years old. Being a farmer, she breeds three cows for milk. She needs to have a loan of 6,322,000 to improve the house for them.
La T. L. is 43 years old. She is raising seven pigs for meat. She wants to have a loan of 5,014,000 VND to buy food for them.
He T. N. is 45 years old. She has a small shop that sells fresh vegetables in the local market. She needs to have a loan of 6,322,000 VND to invest in this shop.
Duong T. T. D. is 42 years old with two children. She is raising 200 chickens for eggs. She needs to have a loan to buy food for them.
About SEDA:The Center of Small Enterprise Development Assistance (SEDA) is a non-profit organization whose vision is to create “a society without poverty.” Founded in 2004, SEDA provides microfinance services to low-income and disadvantaged people in rural areas of Hanoi and the northern provinces of Vietnam through its Binh Minh Micro-Finance Program.
You can also join SEDA’s lending team to assist SEDA in continuing to support its portfolio of borrowers.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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