Hoa T. K. N. is 46 years old. She lives in Mach Trang village in the Dong Anh district of Hanoi with her husband and four children. Two older sons are employed while the younger two are still attending school. She has been selling fish in the market for a number of years, and she earns a total monthly income of about 3.000.000 VND. She has been with SEDA for two years and always repays her loans punctually. In this credit cycle, she requests a loan of 8.066.000 VND to expand her business. Hopefully, that plan will turn a profit so that her family may afford to buy more household appliances.
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.