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Toan is 35 years old and married with three children. Even though she is a woman, she has worked as a welder for seven years; welding is a hard job. This job has provided her 5,000,000 VND per month.

She has participated in the SEDA credit program since 2009. During the last cycle, she borrowed 9,184,000 VND and repaid this loan on time. In this cycle loan, she is requesting to borrow 9,632,000 VND to enlarge her studio and her business. With this loan, she will be able to take good care of her children.

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
  • 55
    View loans »
    Vietnam Loans Fundraising
  • $17,244,150
    Funds lent in using Kiva
  • 20,920.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Toan to enlarge her studio and her metal welding business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 17, 2012
Jun 15, 2012
Currency Exchange Loss:
Jun 17, 2013