Phuong was born in 1971. She lives in Xom Huong village. She is married with three children. Her main job is farming. She not only grows rice but also she and her husband make cakes from rice. (The Vietnamese call it Banh Da.) They have had this job for many years.
Phuong has a monthly income of about 3,000,000 Vietnamdong (VND). The last time she borrowed 8,066,000 VND and repaid this loan punctually. In this loan cycle, she would like to borrow 9,374,000 VND to buy rice to make pancakes.
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.