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Hoa
Hoa, 47, is married and has three children: one son and two daughters. She lives with her family in Ho Chi Minh City. Her husband earns an income working as a laborer on construction sites.

Hoa supports her family by running a general store in front of her house. She sells sugar, toys for kids, soft drinks, yogurt and other household items to people in her community. She is requesting a loan to expand her business by buying a greater variety of products, in particular foods and beverages, to stock her store and better satisfy her customers.

She hopes her business runs smoothly and will generate a higher income to assist her in improving her family's living conditions and send her children to school.

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
  • 130
    View loans »
    Vietnam Loans Fundraising
  • $13,209,000
    Funds lent in using Kiva
  • 20,760.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Hoa to buy a greater range of products such as sugar, soft drinks and household items to stock her general store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2011
Listed
Aug 17, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012