Mrs. Dung is 58 years old. She has four children who are adults. She has a grocery store. She earns 4,100,000 VND per month from it. She has participated in the loan program of SEDA since 2010. Last cycle, she borrowed 7,840,000 VND and repaid this loan on time. In this loan cycle, she wants to borrow 8,736,000 VND to enlarge her grocery store and become a poultry supplier.
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.