Thuy is 52 years old. She has two children who are adults. She has been a farmer for 20 years. She earns from it 3,000,000 Vietnamese dong (VND) per month.
She has taken part in SEDA’s crediting program since 2009. The last loan cycle, she borrowed 8,288,000 VND and repaid this loan on time. In this loan cycle, she wants to borrow 9,632,000 VND to buy farm supplies to raise animals and grow vegetables for a living.
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.