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Trang
Trang is 21 years old and single. She lives with her family in Ho Chi Minh City and earns a living making and selling milk tea, a popular drink in her community. Trang has run this business in front of her house for two years.

Trang is requesting a loan to replace her old furniture with new furniture to attract more customers to her shop. She hopes that through her loan she will be able to generate more profit to support her family as well as save additional money to reinvest in her business.

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
  • 69
    View loans »
    Vietnam Loans Fundraising
  • $12,936,375
    Funds lent in using Kiva
  • 20,760.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Trang to buy new furniture for her tea shop.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2011
Listed
Aug 18, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012