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Quyen L. T. is 28 years old with two children who are at primary school. Being a tailor, she opened a shop that makes trousers and shirts. Her shop is always busy with the orders of customers. She can get 3,500,000 VND profit per month. Her shop became more developed when she decided to take out loans from Seda credit program and invested all in her business. Currently, she wants to have a loan of 8,502,000 VND to buy cloth to meet the demand of her customers.

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
  • 61
    View loans »
    Vietnam Loans Fundraising
  • $17,281,325
    Funds lent in using Kiva
  • 20,870.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Quyen to buy cloth to meet the demand of customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 23, 2011
Mar 14, 2011
Currency Exchange Loss:
Mar 15, 2012