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Nam
Nam is taking a loan out for her son, Tho, who is a student at Danang Architecture University. Tho is a third year student. He studies in the external and internal decoration faculty. After graduation in June, 2013, he will work as a decorator for a construction company in Danang. To make this dream come true, he is studying very hard to absorb a lot of knowledge. Now, he has difficulty paying for his tuition and transportation. Therefore, his mother wants to take a loan of 14,580,000 VND to solve this problem.

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
  • 81
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 20,810.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Nam to pay for her son's university tuition fee and transportation.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2012
Listed
Feb 20, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2013