Hien is 44 years old. She got married and has two children. They are all grown. She sells plastic bags for a living. Normally, she earns 4,500,000 VND per month from this business. She has taken part in the crediting program of SEDA from 2010. The last cycle, she borrowed 7,392,000 VND and repaid the loan on time. In this cycle, she wants to borrow 8,736,000 VND to enlarge her business selling plastic bags.
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.