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Trang
Trang is a 39-year-old beautician, who lives with her husband and two children in Ho Chi Minh City. Her husband is a driver.
Trang runs a beauty shop from her house. She began working in this profession two years ago.
Trang is requesting a loan to buy some hairdriers, steamers and stretching machines and other basic supplies for her beauty shop. She hopes that this will enable her to better serve her existing customers and attract new customers. She also hopes that through the loan she will be able to generate a higher income and set aside some savings for the future.

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
  • 20,751.1
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Trang to buy some hairdriers, steamers and stretching machines and other necessary supplies for her beauty shop.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2011
Listed
Sep 20, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012