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Ty
Ty was born in 1981. She has three children. They are learning at secondary school and primary school. Ty and her husband sell plastic bags in the market. His monthly income is 4,500,000 VND. She has done her job for nine years. Her income is about 5,000,000 VND per month. Her family’s total earnings are approximately 9,500,000 VND per month.

Ty has participated in the Center of Small Enterprise Development Assistance (SEDA) credit program since 2007. In the last cycle, she borrowed 9,632,000 VND and repaid the loan on time.

In this loan cycle, Ty would like to borrow 10,080,000 VND to make plastic bags and plastic furniture to sell. She always wants to enlarge her workshop and she can use the profit from the sales to pay for her children’s education fees.

Additional Information

About SEDA:

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.

About Vietnam

  • $725
    Average annual income
  • 78
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 20,841.7
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Ty to make plastic bags and plastic furniture to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013