Mrs. Thuy was born in 1976. Her husband is a broom maker and she is a broom supplier. They have done this job for eight years and they earn from it 8,000,000 VND per month. She has a daughter who is in the tenth grade and a son who is in the third grade. She has participated in the credit program of SEDA since 2006. The last cycle, she borrowed 7,630,000 VND and repaid this loan on time. In this loan cycle, she wants to borrow 7,630,000 VND again to enlarge her broom business. Then she will be able to let her children continue to go to school.
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.