Huong is 38 years old. She has three children who are aged 13, 8, and 6. Her husband is a carpenter and earns about 5,000,000 VND per month. Huong grows vegetables to earn a living. Her income is about 3,500,000 VND. She has done this job for 15 years. Her family’s total earnings are about 8,500,000 VND per month.
She has participated in SEDA's credit program since 2011. In the last cycle, she borrowed 7,392,000 VND and repaid the loan on time. In this loan cycle, she would like to borrow 8,288,000 VND to raise more vegetables to sell. She 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.