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Vi
Vi is a 31-year-old married woman living in Ho Chi Minh City. She has a daughter. She and her husband earn a living running a general store, which they have done for four years. They sell milk, coffee and instant foods.

Vi would like to take out a loan to buy a greater variety and quantity of basic goods such as foods and beverages to stock her general store. She hopes this will enable her to better meet the needs of her customers and increase the turnover of her business. She also hopes that through this loan her business will generate a higher income and help her improve her family's living conditions and enable her to set aside some savings.

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
  • 81
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 20,830.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Vi to buy more instant foods and beverages for selling.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2011
Listed
Sep 18, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012