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Loc
Loc is 41 years old with three children who are grown. She is managing a shop that serves fast food like beef noodles for breakfast and lunch. Her business started three years ago. Participating in our credit program in 2010, she used loans to buy more equipment. For her new loan, she wants to have a loan of 8,736,000 VND to buy fresh food and some kitchen tools.

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

  • $725
    Average annual income
  • 123
    View loans »
    Vietnam Loans Fundraising
  • $13,015,875
    Funds lent in using Kiva
  • 20,800.4
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Loc to buy fresh food and some kitchen tools.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2012
Listed
Feb 16, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013