Thoi is 48 years old and has four children who are enrolled in primary and secondary school. She grows mushrooms and raises chickens for a living and earns 3,500,000 VND each month. Thoi has participated in the credit program with SEDA since 2007. During the last cycle she borrowed and repaid 7,392,000 VND.
Thoi is requesting a 9,184,000 VND loan to expand her business of growing mushrooms and raising chickens. In the future, she hopes her business will provide profits to cover her children's education fees.
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.