Tinh is 34 years old. She has two children who are studying at school. She is a carpenter. From her small business, she earns 4,000,000 VND per month. She has taken part in SEDA's credit program since 2010. The last cycle, she borrowed 7,392,000 VND and repaid the loan on time. In this loan cycle, she wants to borrow 8,736,000 VND to enlarge her carpentry studio. With the profits, she hopes to pay for 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.