Ngat was born in 1976. She has two children, who are learning at primary and secondary school. Her husband is a building worker. His income is about 4,000,000 Vietnamese dong (VND) per month. Ngat sells clothes to earn a living. She gains 3,000,000 VND a month. Thus, her family’s total earnings are about 7,000,000 VND per month.
Ngat has participated in SEDA's credit program since 2007. In the last cycle, she borrowed 9,632,000 VND and repaid the loan on time. In this loan cycle, she would like to borrow 10,080,000 VND to buy more clothes to sell in the market. She wants her children to go to school until they have earned a higher education.
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.