Minh was born in 1976. She lives with her family in Bac Ninh. Minh has a son and a daughter who are in secondary school. Her husband is a farmer who raises chickens to earn a living. Minh has been a farmer for 12 years. She earns about 3,000,000 VND per month. Her family’s total income is about 6,000,000 VND per month. Her challenges are lacking the capital to grow enough vegetables and not having enough money to pay for her children’s education. Her dreams are to buy more equipment for her house and that her children will be successful in life. This loan is one of steps to help her fulfill her dreams. Minh is a hard-working and careful woman who is passionate about her job. She says that her job helps her to earn more money to pay for her living expenses while giving her more time to take care of her family. She has participated in SEDA's credit program since 2007. In the last loan cycle, she borrowed 10,528,000 VND and repaid the loan on time. In this cycle, she would like to borrow 11,424,000 VND to grow vegetables. Minh is always looking to expand her business, save profits for her children’s education, and improve her family's future.
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.