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Huong
Huong, a 51-year-old married woman, lives in Ho Chi Minh City. She has four children, two sons and two daughters. She and her husband run a general store that sells a variety of basic goods and many kinds of rice to people in the local community.

Huong requires a loan to purchase rice and a range of different products including basic packaged foods and beverages to stock her store. This will enable her to offer a better range of products to her customers. She hopes her business will run smoothly and she can earn additional income to support her children.

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
  • 20,550.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Huong to purchase rice and additional products to stock her general store.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2011
Listed
Jul 20, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012