Duoc was born in 1975. She has three children. The oldest, a daughter, is 7 years old. Her two sons are a 6-year-old boy and a 1-year-old boy. Her husband and she have a grocery store to earn a living. Duoc also works as a farmer to earn more money for her family. Her income is about 4,000,000 dong (VND). Her family’s total earnings are about 8,000,000 VND per month.
Duoc has participated in SEDA's credit program since 2008. In the last cycle she borrowed 9,632,000 VND, and she repaid the loan on time. In this loan cycle, she would like to borrow 10,080,000 VND to buy canned food, rice, beer and soft drinks for her grocery store. She wants to use the 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.