Yen is 40 years old. She lives in Phu Man village. Not only does she grow rice, but she also buys leaves to resell for a restaurant (leaves are used to make cake). She has had this job for 5 years. She has participated in SEDA since 2007. The last time, she borrowed 8,736,000 Vietnam dong (VND). This is the sixth time Yen is borrowing money from SEDA. This time, she would like to borrow 9,632,000 VND to buy leaves to resell. When she earns more profit, she will buy furniture.
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.