Cu is 51 years old. She lives in Dong Thon village with her husband and two children. Her main job is growing rice and breeding pigs and poultry. She has had this job for 31 years. She has a monthly income of about 4.000.000 Vietnamdong(VND). She always needs loans to invest in livestock. So, she has participated in SEDA since 2009. The last cycle, she borrowed 8.288.000 VND and repaid this loan punctually. In this loan cycle, she would like to borrow 9.184.000 VND to buy pigs.
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.