Mrs. Lien was born in 1980. She has two children who are studying at primary school. Her husband is a building worker. He earns 4,000,000 VND per month. She buys small pieces of metal and recycles them. She has participated in the loan program of SEDA since 2007. Last cycle, she borrowed 8,066,000 VND and repaid this loan on time. In this loan cycle, she wants to borrow 9,810,000 VND to buy more scrap metal and resell it. Then she would be able to let her children go to school continuously.
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.