Huong is 28 years old and has three little children. Her husband is a construction supervisor and earns about 8,000,000 Vietnamese dong (VND) per month, while Huong is a construction worker with an income of about 4,000,000 VND. She has had this job for three years.
Huong has participated in SEDA's credit program since 2010. In the last loan cycle she borrowed 8,288,000 VND and repaid the loan on time. In this cycle, she would like to borrow 9,632,000 VND to buy construction tools for her work. She really wants to raise her children well.
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.