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Phuong
Phuong is a 36-year-old married woman with two children. She lives in a small house in Ho Chi Minh City.

She has been raising poultry and farming for eight years. Her husband is a driver.

She would like to receive a loan to expand her business by purchasing poultry and farming stock.

She hopes that this loan will enable her to generate more capital for her work and enough money to bring their children up.

Additional Information

About Capital Aid Fund for Employment of the Poor

Capital Aid Fund for Employment of the Poor (CEP) is a non-profit Vietnamese microfinance institution that operates in the provinces of southeastern Vietnam and the Mekong Delta. CEP's head office is located in Ho Chi Minh City. This institution’s mission is to work with, and for, the poor and poorest to realize sustained improvements in well-being through the provision of financial and complementary non-financial services in an honest, efficient, and sustainable manner. The non-financial services CEP offers to complement its basic credit and savings products include financial education, raising awareness of health and sanitation issues, and education scholarships for children.

About Vietnam

  • $725
    Average annual income
  • 74
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 20,540.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Phuong to purchase poultry and farming stock.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2011
Listed
Jun 16, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012