Yen is 29 years old, married, and has two children who attend school. Her husband is a constructional worker and earns about 5,000,000 VND a month. Yen is also a constructional worker. She pours concrete in constructions, which she has been doing for three years. Her income is about 3,000,000 VND a month.
Yen is requesting her second loan from SEDA for 9,632,000 VND, which she will use to buy constructional protection tools and tools to pour concrete productively. She has participated in SEDA's credit program since 2009. In the future, she wants to buy a concrete pouring machine.
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.