Hiep was born in 1974. She has two children. The older child is learning at university. The younger child is a football player. She and her husband have a grocery store to earn a living. She has done this job for 10 years. Her income is about 5,000,000 VND (Vietnamese dong) per month. Her family’s total earnings are about 10,000,000 VND per month.
She has participated in SEDA's credit program since 2003. In the last loan cycle, she borrowed 9,810,000 VND and repaid the loan on time. In this loan cycle, she would like to borrow 11,118,000 VND to buy noodles, biscuits, candies and soft drinks to sell in her grocery store.
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.