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Hai
Hai is 56 years old. She lives in Ho Chi Minh City with her husband and six children; five sons and one daughter. Hai earns an income to support her family by running a shop in front of their house selling women's and children's clothes, beauty products and souvenirs. Hai began her business in 2001.

Hai would like to take a loan to expand her business by purchasing more clothes, cosmetics and souvenirs to provide better products for her customers. She believes that the loan will enable her to purchase better quality products at more competitive prices and increase the income that she earns from her business. She hopes that this, in turn, will enable her to better provide for her family.

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
  • 83
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 20,780.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Hai to purchase women and children clothes, cosmetics and souvenir products.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2011
Listed
Aug 15, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012