Binh was born in 1978. She lives with her husband and three children in Dai Bi village. Her husband sells fruit in the market. Her family has a beverage store. She is a cobbler. She has run this kind of business for six years. She has a monthly income of about 4,000,000 Vietnamese dong (VND). The last time she took a loan, she borrowed 8,502,000 VND to expand her store. She repaid this amount punctually. In this loan cycle, she would like to borrow 9,810,000 VND to buy more kinds of soft drink such as Cocacola, Pepsi, and bottles of beer to meet the demand of customers in Summer.
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.