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Ms. Ty is taking a loan out for her son Mung, a student who is studying at Hanoi College for Informatics and Technology. His tuition duration has lasted for 5 years. He will graduate in 2013 with an engineering degree. With the hope of finding a good job, he is studying hard to absorb knowledge.

During his studying, he is confronted with a lot of difficulties in paying fees and buying other supplies. That is why his mother wants to borrow a loan of 7,290,000 Vietnamese dong to solve them.

Additional Information

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

  • $5,600
    Average annual income
  • 92
    View loans »
    Vietnam Loans Fundraising
  • $15,310,450
    Funds lent in using Kiva
  • 20,825.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Ty to pay tuition fees and other supplies.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jan 12, 2012
Jan 19, 2012
Currency Exchange Loss:
Aug 17, 2013