Mrs. Nga was born in 1980. She has three children in her family. One girl is in the seventh grade, one boy is in the fourth grade, and one little baby girl is at home. Her husband works as a porter. His income is about 3,000,000 Vietnamese dong (VND) per month. To help support her family, she sells chickens in the market to get 4,000,000 VND every month. She has participated in SEDA's crediting program since 2006. The last cycle, she borrowed 7,194,000 VND and repaid the loan on time. In this loan cycle, she wants to borrow 9,374,000 VND to enlarge her business in the market. Then she would be able to let her three children go to school.
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.