Yen was born in 1971. She has two grown children, who are working as a soldier and a laborer. Her husband is a porter and an iron worker. His income is about 6,000,000 VND. Yen raises chickens to earn a living. She gains from it 2,500,000 VND a month. Her family’s total earnings are about 12,000,000 VND per month.
Yen has participated in SEDA's credit program since 2007. In the most recent loan cycle, she borrowed 9,632,000 VND and repaid the loan on time. In this loan cycle, she would like to borrow 9,632,000 VND to buy food for raising chickens. She wants to use her profit to enlarge her chicken farm.
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.