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Linh
Linh was born in 1991. He lives in Yen Phong, Bac Ninh. He studies Financial Management and Services at the Foreign Trade University (www.ftu.edu.vn/). His studies last four years, and he will graduate in 2014. He is the first person in his family to graduate high school and go on to study at the university.

His parents have a grocery store and receive 20,000,000 VND per month. His mother is a member of SEDA’s credit program, too.

Linh is aware that studying will give him opportunities to find a good job and gain more money. He chose this area of study because of his passion for business. He wants to borrow 14,580,000 VND to buy a computer; this loan suits his family’s situation and income.

The loan is disbursed fast and conveniently right after completing the paper work.

Besides lacking of funds for his educational fees, he has other difficulties like house renting fees, and transportation.

He appreciates the lenders of this program, and he will try his best to study and work for the best future.

Additional Information

More information about this loan

This loan is part of SEDA's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to higher education. By supporting this loan, you're enabling access to education for students with limited options. 

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
  • 15
    View loans »
    Vietnam Loans Fundraising
  • $12,540,600
    Funds lent in using Kiva
  • 21,004.3
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Linh to buy a computer.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2013
Listed
Jun 17, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014