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Huong's Group
In this Group: Huong, Huong, Thanh, Lien
Huong was born in 1968. Her husband passed away. She has a daughter who is in the tenth grade. Huong cooks and sells food in the market and raises pigs for a living. She earns 3,000,000 VND per month. She has taken part in SEDA's credit program since 2011. The last cycle, she borrowed 2,398,000 VND and repaid the loan on time. In this loan cycle, she wants to borrow 5,014,000 VND to buy more pigs to raise and sell. Then she would be able to repair her house.
The other borrower named Huong is 43 years old. She has three children. She is a farmer. She wants to borrow 5,886,000 VND to sell stuff in the market.

Thanh is 43 years old. He has two children. He is a soldier. He wants to borrow 5,886,000 VND to open a carwash.

Lien is 43 years old. She is a building worker. She wants to borrow 5,014,000 VND to raise chickens.

Additional Information

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.

About Vietnam

  • $5,600
    Average annual income
  • 57
    View loans »
    Vietnam Loans Fundraising
  • $17,278,400
    Funds lent in using Kiva
  • 20,870.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Huong's Group's $1,050 loan helped a member to buy more pigs to raise and sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jun 6, 2012
Aug 2, 2012
Currency Exchange Loss:
Jun 17, 2013