Tuyet T. T. is 53 years old with two children who are at university. She is running a shop that sells pure water. She does not only sell retail but also wholesale . That is the reason why she can earn 4,000,000 profit per month. Since she received her first loan in 2004, she has used the proceeds of her loans to invest in her shop effectively. Currently, she wants to borrow 7,630,000 VND to buy more cans of pure water to meet the increasing demand in summer.
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.