Hoa is 48 years old and has 3 children who attend school. She is living in Anninh village, a place busy with business activities. Hoa herself is a business women managing a shop that sells fresh fruits. Everyday, she gets 200,000 VND of profit from this activity. Her business developed more when she decided to use loans from SEDA's credit program to improve her shop in 2008 by buying more kinds of fruits from the southern province of Vietnam to sell. Currently, she requires a loan of 9,184,000 VND to buy a motorbike that will be used for fruit deliveries to outer areas.
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.