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Dung
Dung is a 35-year-old married man living in Ho Chi Minh city with his children and wife.

Dung runs a motorcycle repair business, which he has run for eight years. He would like to take out a loan to expand his business by purchasing more equipment and spare-parts to serve a larger number of customers.

He hopes that through the loan his business will be able to generate more income and enable him to improve his family's living conditions and put aside savings for his children's education.

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
  • 64
    View loans »
    Vietnam Loans Fundraising
  • $12,777,500
    Funds lent in using Kiva
  • 20,751.1
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Dung to buy more equipment and spare-parts to serve a larger number of customers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2011
Listed
Sep 20, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012