Mai was born in 1965. She has two daughters and a son. Her oldest daughter is a barber. Two other children are studying at secondary school. Her husband is sick and is unable to work. She is a farmer. She earns about 3,000,000 VND per month. She has done this job for 25 years. Her family’s total income is 4,000,000 VND per month.
She has participated in SEDA’s microfinance program since 2004. In the last loan cycle, she borrowed 8,502,000 VND and repaid on time. In this loan cycle, she would like to borrow 8,502,000 VND to buy peach seedlings and fertilizer to help them grow. She wants to use her profits to buy medicine for her husband.
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.