Hue was born in 1980. Her husband is an iron worker at Da Hoi. He gets 5,000,000 VND each month. Her sons are learning at primary school. Hue has a beverages stall and earns 3,000,000 VND per month from it. She has participated in SEDA's credit program since 2010. The last cycle, she borrowed 6,322,000 VND, which she repaid on time. In this loan cycle, she wants to borrow 7,630,000 VND to invest in her beverages stall. She hopes her business could then bring in enough money to pay her children’s education fee.
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.