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Mr. Hiep is 39 years old and has two children. He is a tailor and is managing a tailor shop. His business started many years ago. His shop is always busy with customers. Joining our credit program in 2006, he used loans to buy a sewing machine and fabric. Currently, he wants to have a loan of 9,810,000 VND to buy fabric to meet the increasing demand of customers for the Tet holiday (Vietnamese new year).

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
  • 158
    View loans »
    Vietnam Loans Fundraising
  • $16,208,900
    Funds lent in using Kiva
  • 21,000.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Hiep to buy fabric.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jan 10, 2012
Jan 17, 2012
Currency Exchange Loss:
Jan 15, 2013