Hong was born in 1979. She has two children who are studying at primary school. Her husband is a utility repairman.
Hong cooks food for vegetarians and makes 3,000,000 dong (VND) per month. Her family’s total earnings are about 5,500,000 VND per month.
Hong has participated in SEDA's credit program since 2007. In the last cycle she borrowed 9,632,000 VND and repaid the loan on time. In this loan cycle, she would like to borrow 9,632,000 VND to buy more ingredients to cook vegetarian dishes in the market. Her dream is to let her children go to school up to higher education and to upgrade her food stall.
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.