A loan of $1,275 helped a member to purchase livestock feed and other supplies.


San's Group's story

San is a 38 year-old male living in the town of huyện Yên Phong - Bắc Ninh. San 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 Diên Lộc nhóm 03 (3). San is married and has 2 school-aged children. To making a living, San owns and operates a business raising livestock. While not the only means for generating revenue, the main source of income for the business comes primarily from raising pigs for sale. San has been engaged in this business for over 6 years and earns approximately 2.500.000 VND a month from these activities. San joined SEDA to gain access to financial services to help improve his living situation and ability to engage in business activities. He is now requesting a loan of 5.152.000 VND which will be used to purchase livestock feed for his pigs and other supplies. The loan will be the 1st loan taken out by San from SEDA. San plans to use the additional revenue generated from the business to improve/expand the his business. About the Other Borrowers in the Group: 1. Trang is a 34 year-old male who is requesting a 5.152.000 VND loan to support his business in the agriculture sector raising livestock by buying chicken feed . 2. Học is a 30 year-old female who is requesting a 5.152.000 VND loan to support her business in the agriculture sector raising chickens. 3. Tiền is a 36 year-old female who is requesting a 5.152.000 VND loan to support her business in the agriculture sector raising cattle . 4. S. is a 46 year-old female who is requesting a 5.152.000 VND loan to support her business in the agriculture sector raising chickens and pigs. About SEDA: The mission of SEDA (Center of Small Enterprise Development Assistance) is to provide microfinance services to the low income and disadvantaged people in rural areas of Hanoi and the Northern provinces of Vietnam. *Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in Vietnamese while providing quality and accurate information to Kiva lenders.

In this group: San, Trang, Học, Tiền, Sáu
*not pictured



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