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Ngoc Lan's Group
In this Group: Lan, Hong, Phuong, Lien
Lan is 35 years old. Her husband is a skilled shoemaker. Lan helps her husband manage her family's shoe shop. The family's monthly income is around VND 12,000,000.

Lan has three children. The oldest son is a carpenter while the other children are learning in primary school. Lan's challenge in life and work is the lack of capital to invest in her business. Her dream is that her family business would grow and be sustainable.

As a hard-working, passionate businesswoman, Lan wants to have enough money to start up a clothes shop and to open a carpentry workshop for her oldest son. This loan is one of steps that will take her closer to her dream.

She has participated in SEDA's credit program since 2010. In the last loan cycle, she borrowed VND 5,152,000 to buy shoes for her shop. She always wants to expand her business. Thus, this time, she would love to borrow VND 8,288,000 to invest in her business, for instance to buy more shoes.

Other members who are part of Lan's group are included in the below list:
• Besides working in a factory, Hong wishes to raise more income for her family by feeding chickens. As a result, she wants to borrow VND 5,152,000 to buy chickens and poultry food.
• Phuong is a hairdresser. She would like to borrow VND 8,288,000 to buy tools and shampoo for her barber shop.
• Lien was born in 1973. She is an owner of a clothes shop. She wants to borrow VND 5,152,000 to buy more clothes for her shop.

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
  • 56
    View loans »
    Vietnam Loans Fundraising
  • $17,244,150
    Funds lent in using Kiva
  • 21,276.3
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Ngoc Lan's Group's $1,275 loan helped a member to invest in her family's shoe shop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Nov 13, 2013
Dec 17, 2013
Currency Exchange Loss:
Nov 17, 2014