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Lien
Lien, a 49-year-old married woman, has 3 children: 2 sons and 1 daughter. Her husband is a hired motorbike driver. They live in Ho Chi Minh City.

Lien supports her family through the income that she earns from the general store that occupies the front of her house. Lien has run a general store for over 20 years. She would like a loan to buy larger quantities of snack foods and basic household items in bulk for her general store. She hopes that this loan will enabL. her to increase her monthly profits.

She hopes that, as a result of the loan, her business will earn enough additional income for her to reinvest in her business and set aside savings for her children's education.

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
  • 77
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 20,560.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Lien to buy larger quantities of basic household items in bulk for her general store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2011
Listed
Jul 17, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012