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Hoa
Hoa is thirty-nine years old with two children who are in high-school. She is managing a small wood workshop that makes furniture. Her business started six years ago and creates a good income for the family.

Participating in our credit program since 2005, she used loans to buy machines and some tools that serve for the furniture-making process. Currently, she wants to have a loan of 9,810,000 VND to buy wood.

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
  • 156
    View loans »
    Vietnam Loans Fundraising
  • $13,311,075
    Funds lent in using Kiva
  • 20,820.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Hoa to buy wood for her workshop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2012
Listed
Feb 19, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013