Huu was born in 1985. She has two little children. Her daughter is in the second grade. Her son is in kindergarten. Her husband is a carpenter and owns an internet café. He earns about 10,000,000 VND per month. Huu sells SIM cards and groceries to earn a living. Her income is about 5,000,000 VND. She has done this job for 5 years. Her family’s total earnings are about 15,000,000 VND per month.
She has participated in SEDA's credit program since 2012. In the last cycle she borrowed 8,288,000 VND and repaid the loan on time. In this loan cycle, she would like to borrow 10,080,000 VND to buy SIM cards, snacks, noodles and soft drinks to sell in her grocery store. She wants to raise her children up well and save more money for her family.
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.