Nguyen was born in 1957. She has two children who have got married. Her husband and she have a grocery store to earn a living. From it, she earns 3,000,000 VND a month. Her family’s total earnings are about 6,000,000 VND per month.
Nguyen 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 9,810,000 VND to buy candies, milk, beverages, and rice for her grocery store. She always wanted to raise her children well so they can get a job in the future. She also wants to save enough money for her retirement.
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.