Suot is 53 years old. She has three children who are adults. Suot is a widow. She grows rice and raises pigs. She makes 3,000,000 Vietnamese dong (VND) a month from it. She has done this job for 30 years. Her challenges in life and work are lacking knowledge of breeding techniques, and severe weather that makes her animals get diseases.
Her dream is to save enough money for her retirement. This loan is one of the steps helping her to reach this dream. She can invest in her farm to gain earnings and save profit for caring for her health.
Suot is a hardworking woman. She enjoys her job of raising pigs. Suot 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.
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.