The Small Enterprise Development Co., Ltd., or well-known “SED”, provides several microfinancial services for both group-lending and individual-lending. Its key service is the group-lending through a village bank (VB) established by a poor woman to practice regularly saving and provide financial services to improve their livelihood.
With more than 30-year experiences on providing microfinancial services, the SED has emphasized on participatory working approach and its background can be categorized into 4 phases.