Mrs Hien was born in 1976. She has two children who are learning in primary school and secondary school. Her husband is a worker at Dong Anh. His salary is 3,000,000 VND per month. Mrs Hien sells sedge mats and poultry food. She earns 5,000,000 VND per month. The total income of her family is 8,000,000 VND per month. She has participated in the credit program from Kiva partner SEDA since 2006. The last cycle, she borrowed 8,066,000 VND and repaid it on time. In this loan cycle, she wants to borrow 9,810,000 VND to buy more sedge mats to resell.
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.