Viet has been a taxi driver for three years, and he earns about 3,000,000 VND per month. This couple also raises chickens to earn more money. His dream is to enlarge his chicken farm, but his challenge is lack of capital to invest in it. This loan is one of the steps which will help him to reach this dream. Viet is a hardworking and careful man.
He has participated in SEDA's credit program since 2012. In the last loan cycle, he borrowed 5,014,000 VND and repaid on time. In this loan cycle, he would like to borrow 6,322,000 VND to buy more chickens for his farm.
Other members which are part of Viet's group include the following:
Thao is 25 years old. She has a child. She is a farmer. She wants to borrow 6,322,000 VND to raise chickens.
Khanh is 37 years old. She has a child. She is a vegetable seller. She wants to borrow 6,322,000 VND to buy vegetables for her stall.
Anh is 29 years old. She has two children. She is a seller. She wants to borrow 7,630,000 VND to sell clothes.
Trung is 28 years old. He has a child. He sells fish to earn a living. He wants to borrow 5,014,000 VND to sell more fish.
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.
This is a Group Loan
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Success!! The loan was 100% repaid