Nhung was born in 1949. She has a daughter who has her own family. Nhung means wisdom. She makes paper bags to earn a living. Her income is about 3,000,000 VND. She has done this job for five years. Her family’s total earnings are about 3,000,000 VND per month.
She has participated in SEDA's credit program since 2008. In the last cycle Nhung 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 supplies and paper to make bags.
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.