Dung is 37 years old. She has three children who are studying at school. She has sold noodles for a living for 12 years. From her small business, she earns 4,500,000 VND a month. She has taken part in the crediting program of 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 increase her noodle sales and raise pigs.
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.