Phuong was born in 1971. She has two children who are in the 11th grade and the 5th grade. Her husband works in construction to earn a living. She is a farmer. Her family’s total earnings are about 6,000,000 VND per month.
She has participated in SEDA's credit program since 2006. In the last cycle, she borrowed 8,502,000 VND and repaid the loan on time. In this loan cycle, she would like to borrow 8,502,000 VND to buy food for chickens and pigs. She wants to use her profit to raise her children well.
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.