Dong is 39 years old. She has two children whom are learning at school. She has sold goods and food in her grocery store and grown rice for 10 years to earn a living. She makes 5,000,000 VND a month, and has participated in SEDA's crediting program since 2009. During the last cycle, she borrowed 8,736,000 VND and repaid the loan on time. In this loan cycle, she wants to borrow 9,632,000 VND to buy beverages, canned goods, snacks, tissue for selling in her grocery store.
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.