She is a farmer with an income of 1,000,000 VND per month. Her husband is a building worker. His earning is the main income of her family. It is about 3,000,000 VND.
She has participated in the credit program of SEDA since 2007. The last cycle, she borrowed 6,322,000 VND and repaid this loan on time. In this loan cycle, she wants to borrow 8,066,000 VND to buy chickens to resell them in the market.
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.