Thu was born in 1964. She has a normal family, and her husband is an electrical repairman. His income is about 4,000,000 VND per month. She has two children, and they do carpentry for a living. Thu raises pigs and is a worker for a farm. She earns 2,000,000 VND every month. She has been doing this for 20 years. Her family’s total income is about 6,500,000 VND. She has participated in SEDA's credit programs since 2009. The last cycle, she borrowed 8,736,000 VND and repaid this loan on time. In this loan cycle, she wants to borrow 9,632,000 VND to expand her farm and buy more electrical-repair tools for her husband's job.
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.