Mrs. Hang was born in 1981. Her husband is a building worker. His income is 4,000,000 VND per month. She has a daughter who is in the fourth grade, a daughter who is in the second grade, and a son who is in kindergarten. She has participated in the loan program of SEDA since 2006. Last cycle, she borrowed 7,630,000 VND and repaid this loan on time. In this loan cycle, she wants to borrow 9,374,000 VND to buy more cement bags to glue. Then she would be able to let her children go to school.
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.