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Son V. N. is 37 years old. He has a grocery shop in Kim market. He has run this kind of business since 2004, and he has quite a stable income to cover his family's expenditures and pay school fees for two children who are at high school and secondary school.

Mr. Son joined in our credit program in 2004 and has always been a good repayer. To buy more goods to meet the demand of customers, he wants to have a loan of 9,810,000 VND. He said that this kind of loan is very suitable for his business.

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
  • 19,512.5
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Son to buy more goods to meet the demand of customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 25, 2011
Feb 14, 2011
Currency Exchange Loss:
Feb 20, 2012