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Vy was born in 1973 and lives in Nhoi Duoi village with her husband, who works in construction, and her three children. She supplements her family's income by running a hardware store where she earns about 4,000,000 Vietnamese Dong (VND) per month. She joined SEDA in 2007 as a way to improve and expand her business, and has already taken out and repaid her first loan. Now she is applying for a new loan for 8,502,000 VND to buy construction equipment.

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
  • 75
    View loans »
    Vietnam Loans Fundraising
  • $17,316,975
    Funds lent in using Kiva
  • 20,750.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Vy to buying construction equipment.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 30, 2011
Sep 6, 2011
Currency Exchange Loss:
Sep 15, 2012