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Phuong
Phuong and her family live in Ho Chi Minh City. She is 43 and has two children: one son and one daughter.

Phuong and her husband have been earning a living by operating a general store from the door of their house for the past ten years. They sell a variety of basic goods, such as sugar, confectioneries, and basic household necessities.

Phuong would like T. borrow money T. expand her business and hopes that this will enable her T. increase her income and improve her family's 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

  • $5,600
    Average annual income
  • 99
    View loans »
    Vietnam Loans Fundraising
  • $14,461,025
    Funds lent in using Kiva
  • 20,550.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Phuong to buy sugar, confectioneries, and basic household necessities for resale.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2011
Listed
Jul 15, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012