Mrs. Loan is 28 years old. She has two little children. She is a carpenter. Her income is about 4,200,000 dong (VND) per month. She has taken part in the crediting program of SEDA since 2009. The last cycle, she borrowed 8,288,000 VND and repaid this loan on time. In this loan cycle, she wants to borrow 9,184,000 VND to upgrade her carpentry studio at home.
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.