Kim T. N., 37 years old, is married with 2 children who attend high school. She has a shop where she sells draft beer and soft drinks. She also provides sugar cane water, having bought a machine to make it when she received her first loan. Her shop is continually growing and it creates a considerable income for her to manage her living expenditures. In the summer, her shop will be crowded with customers. Kim T. N. wants to borrow 7,630,000 VND to make more seating by buying more sets of table and chairs.
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.