Nhuong was born in 1962. She has two grown children, who are laborers. Her husband has a landscape tree shop and earns about 5,000,000 Vietnamese Dong (VND) per month. Nhuong is a farmer. Her income is about 3,000,000 VND. She has done this work for 25 years. Her family’s total earnings are about 8,000,000 VND per month.
She has participated in SEDA's credit program since 2003. In the last loan cycle, she borrowed 8,502,000 VND and repaid the loan on time. In this loan cycle, she would like to borrow 9,810,000 VND. She will use the loan to buy more seeds with which to plant peach’s flower trees.
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.