Mrs Hong was born in 1953. She has four children whom all have their own families. Her husband is a member of the blind association of Dong Anh province. His income is 7,000,000 VND a month. Mrs Hong grows fruit trees and raises chickens for a living. She gets 3,000,000 VND a month. The total income of her family is 10,000,000 VND.
She has participated in SEDA's credit program since 2008. The last cycle, she borrowed 7,630,000 VND and repaid this loan on time. In this loan cycle, she wants to borrow 9,810,000 VND over 50 days to invest in her farm.
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.