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Chinh
Chinh is a 59-year-old widower living in Ho Chi Minh city. He has 4 children. Chinh earns an income to support his children by running a business that specializes in laminating papers and objects with plastic. Chinh has been in the plastic lamination business for 7 years. He plans to use this loan to buy more plastic and other materials to expand his business by offering a greater range of lamination services and increasing the capacity of his business. Chinh hopes that through this loan he will be able to increase his income and better support his children.

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
  • 20,810.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Chinh to buy more plastic and other materials.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2011
Listed
Aug 20, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012