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Tu
Tu is a 57 years old, married, and has three daughters. She lives with her family in Ho Chi Minh City. For the past six years, Tu has been making an income to support her family by selling basic foods and household necessities from her general store. She is requesting a loan to buy a greater quantity and range of foods and goods to sell to her customers in her store. She hopes that this will enable her to earn more money to cover the cost of family expenses. Tu hopes that in the future she can save more money to improve her family's living conditions and reinvest in her business.

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
  • 15
    View loans »
    Vietnam Loans Fundraising
  • $12,540,600
    Funds lent in using Kiva
  • 20,751.1
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Tu to purchase a greater range and quantity of basic foods and household necessities to sell in her general store.
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