Mrs Mai was born in 1957 and has two children. Her son is married and her daughter is a worker, while her husband is a farmer. Not only grow rice but also she goes to small business. She buys and resells iron scrap to recycle them. She has this job for four years. She has a monthly income of about 3.000.000 Vietnamdong(VND).Mrs Mai received her first loan from SEDA in 2003. The last cycle, she borrowed 6.322.000 VND and repaid this loan on time. In this loan cycle, she wants to borrow 9,810,000 VND to buy more iron scrap to recycle them.
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.