Minh was born in 1952. She lives in Phan Xa village in the Uy No community. She has two sons -- one has married and one is a taxi driver. Her husband has died and her life is very hard.
Minh has a store at home selling beverages. She has had this job for many years and has a monthly income of about 3,000,000 VND. Minh has participated in SEDA since 2004. In the last loan cycle, she borrowed 6,758,000 VND and repaid it punctually. For this cycle, she would like to borrow 8,502,000 VND to buy more goods to sell.
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.