Funded

Total loan: $1,250
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Thuy's Group

Vietnam
Dong Anh- Ha Noi, Vietnam / Food Production/Sales

A loan of $1,250 helped a member to buy more cinnamon to sell.


Thuy's Group's story

Thuy is 36 years old. She has three children. Two of them are attending school, in the fifth and eighth grades. The other one is still little. Her husband earns his living as a carpenter. He earns about 5,000,000 VND per month. Thuy goes to the market to sell cinnamon. She earns 4,000,000 VND per month. She has done this job for five years. Her family’s total earnings are about 9,000,000 VND per month. Her challenge in life and work is a lack of knowledge of how to do business. She wishes she would have a modern house in the future. This loan will help her attain this dream. She can invest in her business to earn more. Thuy is a hard-working woman. This is the first time she is participating in SEDA's microfinance program. In this loan cycle, she wants to borrow 5,014,000 VND to buy more cinnamon to sell. Other members who are part of Thuy's group include the following: Dung is 51 years old. She has three children. She is a seller. She wants to borrow 6,322,000 VND to sell dogs and cats as pets in a market. Huong is 32 years old. She has two children. She is a carpenter. She wants to borrow 5,014,000 VND for carpentry. Hong is 35 years old. She has two children. She is a carpenter. She wants to borrow 5,014,000 VND for carpentry. Lien is 29 years old. She has two children. She raises chickens. She wants to borrow 5,014,000 VND to buy more chickens to raise.

In this group: Thuy, Dung, Huong, Hong, Lien
*not pictured



Loan details

Loan length:

13 months
Disbursed date: June 4, 2013

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: June 4, 2013