Thua was born in 1971. She has two children. Her daughter is a student. Her son is a carpenter. Her husband is a carpenter. His income is about 7,000,000 dong [VND]. Thua has a grocery store to earn a living. She makes 6,000,000 dong (VND) a month from it. Her family’s total earnings are about 20,000,000 dong (VND) per month.
She has participated in SEDA's credit program since 2008. In the last cycle, she borrowed 9,632,000 dong (VND) and repaid the loan on time. In this loan cycle, she would like to borrow 10,080,000 dong (VND) to buy noodles, canned food, candies and biscuits for her store. She wants to use the profit to enlarge her grocery store.
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.