A loan of $650 helped a member to buy aluminum to make frames.

Phuong's Group's story

Phuong was born in 1988. She has two little children. She and her husband make aluminum frames to earn a living. Her husband’s income is about 3,500,000 Viet Nam Dongs (VND) per month. She earns about 4,000,000 VND per month. She has done this job for five years. Her family’s total earnings are about 7,500,000 VND per month. Her challenge in life and work are lacking of capital to enlarge her aluminum store. Her dream is for her children to grow up well and to enlarge her store. This loan is one of steps that will help her reaching these dreams. Phuong is a hardworking and dynamic woman. This job suits her family’s skills.

She has participated in SEDA's credit program since 2011. In the last loan cycle, she borrowed 7,392,000 VND and repaid the loan on time. In this new loan cycle, she would like to borrow 8,288,000 VND to make aluminum frames. She always wants to expand her business and raise children up well.

The other member who is part of Phuong's group is Loan, who is 28 years old. She has two children. She is a seller. She wants to borrow 5,152,000 VND to sell groceries.

In this group: Phuong, Loan

Loan details

Lenders and lending teams

Loan details