Ly and her husband earn a living as welders. She has been a welder for five years, earning about 4,000,000 VND a month. Together, her husband and her total earnings are about 7,500,000 VND a month.
Ly has been a part of SEDA's credit program since 2008. She last borrowed 9,184,000 VND and repaid the loan on time. She is now applying for a 9,632,000 VND loan to buy welding tools. She is eager to expand her business and raise her children well.
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.
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