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Hong
Hong T. T., 42 years old with 3 children, lives in Xuan Trach village. She has had a shop that sells fresh fruits in the local market for 5 years. Her shop has many kinds of fruits which come from the southern province of Vietnam. It attracts many customers and creates considerable revenue to manage family life. During the time she has participated in the Seda credit project, she has been a good group leader and has received larger loans cycle after cycle. Now she is planning to enlarge the shop, and she wants a loan of 8,502,000 VND for that. She said our credit program is very suitable for her business.

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.

About Vietnam

  • $725
    Average annual income
  • 33
    View loans »
    Vietnam Loans Fundraising
  • $12,730,775
    Funds lent in using Kiva
  • 20,850.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Hong to enlarge the shop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2011
Listed
Mar 16, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012