Huyen T. N. is 35 years old and has three children who are in high school or secondary school. She has a shop that provides a motor repair service. She has run the shop for four years and was able to develop her business further when she took a loan from SEDA's credit program. In so doing, she created a stable income that helped her to manage her family life and pay her children's school fees. During her time participating in the SEDA project, she has been a good repayer. For this loan, she is requesting 9,374,000 VND to buy more motor parts to meet customer demand.
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.