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Minh V. P. was born in 1981 and lives in Dong Anh town with his wife and their two children who are still young. He is a bricklayer and his wife earns an income as a worker in a factory. His family has a monthly income of about 4,500,000 Vietnamese dongs (VND).

Minh V. P. has a participated in SEDA since 2006 and has repaid punctually. Now, he wants to have more tools for his business. So, for this loan, he needs 8,066,000 VND to buy the tools.

Additional Information

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

  • $5,600
    Average annual income
  • 151
    View loans »
    Vietnam Loans Fundraising
  • $16,208,900
    Funds lent in using Kiva
  • 18,970.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Minh to buy tools for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 17, 2010
Jun 1, 2010
Currency Exchange Loss:
Jun 15, 2011