Thoa is 41 years old and has two children, who are studying at high school and college. She and her husband sell beverages to earn a living and have done this work for 17 years. Her family’s total earnings are about 6,000,000 Vietnamese dong (VND) per month.
Thoa began participating in SEDA's credit program earlier this year. In the last cycle she borrowed 5,152,000 VND and repaid the loan on time. In this loan cycle, she would like to borrow the same amount of money to buy beer, soft drinks and tea to sell. She plans to use the profits she earns to bring up 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.