Phuong is 45 years old. She has a son and a daughter. They are young: ages 12 and 10. Her husband is a building worker. His income is 10,000,000 VND. Phuong is a farmer who raises pigs to earn a living. She earns from her job 5,000,000 VND a month. She has done this job for 20 years. Her family’s total earnings are about 15,000,000 VND per month. Her challenges in life and work are a lack of knowledge about breeding techniques and disease in her poultry. Her dreams are to see her children grow up well and be successful in life, and to own a big farm.
This loan is one step to help her get to this dream. She can invest in her farm to gain earnings and save for her children’s education. Phuong is a hardworking woman. This job suits her skills. 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 food for pigs. She always wants to save more money for her family and 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.