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Khuong
Khuong, 42, is the father of two daughters. Together with his wife and children, Khuong lives in a small house in Ho Chi Minh City. He and his wife earn income from selling fruit from their streetside stall. He began this business 15 years ago.

Every morning they buy common seasonal fruit such as plums, pineapples, watermelons, cherries, and bananas to sell in their stall. Khuong would like a loan to buy a greater variety and higher quality of fruit so that he can attract more customers.

He hopes that, through the loan, he will be able to increase his income and improve his family's living conditions.

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
  • $12,926,025
    Funds lent in using Kiva
  • 20,751.1
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Khuong to buy a greater variety and higher quality of fruit for selling.
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