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May
May is 55 years old and married. She has three children, two sons and a daughter. They live in Ho Chi Minh City. Her husband is retired and has been helping her to run a business of selling instant noodles. They started this business five years ago.

May requires a loan to purchase a greater quantity and greater variety of instant noodles to stock her store. She hopes that this will enable her to better meet the needs of her current customers and increase the turnover of her business. She also hopes that this will enable her family to increase their income and improve their 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

  • $725
    Average annual income
  • 34
    View loans »
    Vietnam Loans Fundraising
  • $12,730,775
    Funds lent in using Kiva
  • 20,550.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped May to purchase a variety of noodles to stock her store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2011
Listed
Jul 20, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012