Tuoi was born in 1968 and has two children. Her daughter is married, her son is studying at a university, and her husband is a market security man. Tuoi sells dried foods, garlic, and onions in the market to earn a living and makes 4,000,000 (VND) per month. Combined with her husband’s salary, her family’s earnings are about 7,000,000 dong (VND) per month.
Tuoi has participated in SEDA's credit program since 2007. In the last cycle she borrowed 6,758,000 dong (VND) and repaid the loan on time. In this loan cycle, she would like to borrow 7,630,000 dong (VND) to buy noodles, garlic, onions and dried food for her stall. She wants to use her profits to pay for her children’s educational fees.
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.