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Luong
Luong is 55 years old. She is divorced and lives in a small house in Ho Chi Minh City with her three children.

Luong runs a cafe, which she began eight years ago. The income source from the cafe helps her to feed her children and maintain their living conditions. She would like to get a loan to buy a larger stock of beverages and food to meet her customers' needs.

She hopes her business will ensure that her family members have a better life.

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
  • 66
    View loans »
    Vietnam Loans Fundraising
  • $12,926,025
    Funds lent in using Kiva
  • 20,540.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Luong to buy more beverages and food to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2011
Listed
Jun 16, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012