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Ms. Hao is 52 years old and has two grown children. She is managing a wood workshop that makes family furniture such as tables, desks, beds, etc. She has run this kind of business for five years and creates a stable income for her family.

Joining in our credit program in 2007, she finds that a micro-financial program is very suitable for her business. Currently, she wants to borrow a loan of 9,632,000 Vietnam dong to buy more wood as material for manufacturing.

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
  • 67
    View loans »
    Vietnam Loans Fundraising
  • $17,244,150
    Funds lent in using Kiva
  • 21,011.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Hao to buy more wood as material for manufacturing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 30, 2011
Dec 17, 2011
Currency Exchange Loss:
Dec 15, 2012