Mrs. Thiem was born in 1972. She has two little daughters. Her husband is a porter. She is a farmer who raises chickens, grows rice, and is a small crab seller in the market. Her husband earns 4,000,000 Vietnamese dong (VND), and she earns 3,000,000 VND. Therefore, the total income of her family is about 7,000,000 VND per month. She has taken part 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 8,938,000 VND to buy food for chickens.
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.