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Loan
Loan is 37 years old and married with two children. Her husband is a driver. In 2009, she created a store to sell food and beverages in the local community.

She plans to get a loan to partly invest capital in her business by purchasing more foods and beverages for resale and partly to use as school fees for their children.

She and her husband hope that the loan will assist them to earn more income and improve their living conditions.

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
  • 117
    View loans »
    Vietnam Loans Fundraising
  • $13,733,200
    Funds lent in using Kiva
  • 20,540.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Loan to purchase food and beverages for resale and to invest in the education of her children.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2011
Listed
Jun 19, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012