Luan is 42 years old and has four children, two of whom attend school and two of whom work. To earn a living, Luan raises pigs and mills rice. She earns 5,000,000 VND a month. Her family’s total earnings are about 10,000,000 VND a month.
Luan is requesting a loan from SEDA for 9,632,000 VND, which she will use to buy food for pigs and to mill rice to sell. She has participated in the Center of Small Enterprise Development Assistance (SEDA) credit program since 2009. She wants to raise her children well, so they can get a job in the future.
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.