A loan of $1,250 helped a member to purchase livestock feed and other supplies.


Mỹ Lệ's Group's story

Mỹ Lệ is a 23-year-old female living in the town of Yen Phong district - Bac Ninh province. Mỹ Lệ is the group leader of a four 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 Cụm Đông nhóm 03. Mỹ Lệ is married and has one infant. To making a living, Mỹ Lệ owns and operates a business venture in the agriculture sector raising livestock. While not the only means of generating revenue, the main source of income for the business comes primarily from raising pigs for sale. Mỹ Lệ has been engaged in this business for over five years, and earns approximately 5000000 VND a month from these activities. In 2010, Mỹ Lệ joined SEDA to gain access to financial services to help improve her living situation and ability to engage in business activities. Mỹ Lệ has successfully repaid a previous loan of 5152000 VND from SEDA. This previous loan was used to purchase baby livestock to raise and sell in future. She is now requesting a new loan of 6944000 VND which will be used to purchase livestock feed and other supplies. The loan will be the 2nd loan taken out by Mỹ Lệ from SEDA. Mỹ Lệ plans to use the additional revenue generated from the business to improve/expand her business. About the Other Borrowers in the Group: 1. Ninh is a 38-year-old male who is requesting a 5152000 VND loan to support his business in the agriculture sector raising livestock and buying food for pigs. 2. Chi is a 28-year-old female who is requesting a 6944000 VND loan to support her business in the agriculture sector raising livestock pigs and chickens. 3. Chắt is a 25-year-old female who is requesting a 6944000 VND loan to support her business in the manufacturing sector operating a furniture making business production of tables and chairs.

In this group: Mỹ Lệ, Ninh, Chi, Chắt
*not pictured



Loan details


Lenders and lending teams



Loan details