Hoa T. N. is 35 years old and lives in Phu Man village. She is married with three children who go to school. She is a farmer. Also, every day, she goes to other villages in the region to buy scrap iron to resell. She has done this for 6 years and makes about 80.000 VND per day. She joined SEDA in 2009 and repaid her loans punctually. She feels happy because she can save a little money. Now she would like to borrow 7.840.000 VND more (or 400 USD) to buy scrap iron.
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.