Hoa is 28 years old. She is married and has two children. She is a teacher. She has been working at this job for three years. She has a monthly income of about 2.500.000 Vietnamdong (VND). She wants to earn more money. So in addition to teaching she also breeds pigs and poultry. Last time she borrowed 6.944.000 VND and repaid punctually. This time she would like to borrow 8.736.000 VND to buy food for her 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.