Hien was born in 1967. She has three children. The oldest child is an adult and has been an employee. The two younger children are little and learning in school. She and her husband have made packaging bags for 18 years for a living. The total earnings of her family are about 5,500,000 VND per month. She has taken part in SEDA's credit program since 2008. In the last cycle, she borrowed 9,184,000 VND to buy metal scrap to recycle. She repaid this loan on time. In this loan cycle, she wants to borrow 9,632,000 VND to make and sew more bags to sell. Then, she hopes her business will make enough money to pay for her children’ 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.