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Duc
Duc was born in 1957. She has three children who are workers and officers. Her husband is a worker who drills wells and makes wine. His income is about 2,500,000 dong (VND) each month. She is a rice milling worker to earn a living. She has done this job for 35 years. Her income is about 4,000,000 VND per month. Her family’s total earnings are about 10,000,000 VND per month.

Duc has participated in SEDA's credit program since 2008. In the last cycle, she borrowed 9,184,000 VND and repaid the loan on time. In this loan cycle, she would like to borrow 10,080,000 VND to buy more rice to mill. She always wants to enlarge her business of milling rice.

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
  • 81
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 20,924.9
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Duc to buy more rice to mill.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 17, 2013
Currency Exchange Loss:
Covered
Ended:
Mar 17, 2014