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Thu
Thu was born in 1961. She has a daughter who has got married. Thu is a widow. She and her daughter mill rice to earn a living. Thu earns about 3,500,000 VND per month. She has done this job for 18 years. Her challenge in work is lack of capital to upgrade her milling machines. Her dream is to be able to enlarge her milling workshop. This loan is one of the steps that helps her reach this dream. Thu is a hardworking woman.

She has participated in SEDA's credit program since 2009. In the last loan cycle, she borrowed 9,632,000 VND and repaid on time. In this loan cycle, she would like to borrow 10,080,000 VND to buy more rice to mill in her workshop.

Additional Information

About SEDA:

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.

About Vietnam

  • $725
    Average annual income
  • 67
    View loans »
    Vietnam Loans Fundraising
  • $12,974,825
    Funds lent in using Kiva
  • 20,981.9
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Thu to buy more rice to mill in her workshop.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2013
Listed
Jun 6, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014