Ngan is 47 years old and has three adult children. For the past five years, she has run a restaurant where she sells instant noodles, noodles, and breads for dinner. Ngan earns a monthly income of about 6,000,000 VND. She has participated in SEDA since 2007 and has punctually repaid her previous loan of 8,736,000 VND.
Ngan is requesting a 9,632,000 VND loan to buy more tables, chairs, and other things for her restaurant.
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.