Huong is 27 years old. She has just gotten married. She cooks and sells several kinds of sweet soup in the market for a living. She earns 3,500,000 VND a month. She has participated in the crediting program with SEDA since 2010. The last cycle, she borrowed 7,392,000 VND and repaid this loan on time. In this loan cycle, she wants to borrow 8,736,000 VND to enlarge her stall of sweet soup in the market.
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.