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Loan
Loan is a 41-year-old married woman with two daughters. She lives with her family in Ho Chi Minh City.

Loan and her husband own a soft-drink shop and run a small street-side karaoke coffee house. Loan has been involved in these activities for six years. She would like to take a loan to purchase beverages and food for her customers. This will enable her to earn more money to cover the cost of family expenses, especially education fees for her daughters. Loan hopes that in the future she can save more money to improve her family's living conditions and reinvest in her business.

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
  • 40
    View loans »
    Vietnam Loans Fundraising
  • $12,722,750
    Funds lent in using Kiva
  • 20,550.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Loan to purchase beverages and food for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2011
Listed
Jul 20, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012