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Thuy
Thuy takes loans out for her son, Quyet. He is studying at Hanoi University of Industry. He will graduate in 2013 with the degree of electrical engineer. He hopes to find a job in a factory in Hanoi. Now, he is sharing a rental house in Hanoi. Paying tuition fees and house rental payments are his main difficulties. His mother wants to borrow a loan of 14,580,000 Vietnam dong to solve this.

Additional Information

More information about this loan

This loan is part of SEDA's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to higher education. By supporting this loan, you're enabling access to education for students with limited options. 

About SEDA:

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.

About Vietnam

  • $725
    Average annual income
  • 125
    View loans »
    Vietnam Loans Fundraising
  • $13,745,925
    Funds lent in using Kiva
  • 21,030.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Thuy to pay her son's tuition fees and house rental.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 12, 2012
Listed
Jan 17, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 17, 2013