Hoa Thi Nguyen is a 52 year-old-woman who lives with her two children in Yen phong district. She joined SEDA's credit program in 2009. When she received her first loan of 5,152,000 VND, she invested in opening a small restaurant that serves breakfast. Her business has developed since then and has created stable income for her to manage her family expenses. She has been a good re-payer since the time she joined SEDA's credit program. To expand her business activity further, she wants to borrow a loan of 9,184,000 VND.
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.