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Mung
Mung lives in Ho Chi Minh City. She is 39 years old and married. Her husband helps her run a general shop in front of their home. They have two sons.

Mung's shop sells a variety of every-day household items such as shampoo, toys for kids, sugar, toothbrushes and soft drinks. They started this business two years ago and it provides the main source of income for them to cover family expenses.

Mung is requesting a loan to purchase a greater variety of goods to sell in her general store, such as cooking oils, detergent, drinking water and batteries. She hopes this will assist her to better serve her existing customers and attract new customers. She hopes that through the loan she will earn a higher income, which will help her improve her living condition.

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
  • 74
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 20,760.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Mung to buy cooking oils, detergent, drinking water and batteries to sell from her general store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2011
Listed
Aug 18, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012