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Phan
Phan, 54 years old, is married and has 2 children. Her husband works as a driver. Phan has been running a shop for 25 years, making iron braces. They live in Ho Chi Minh City.

Phan intends to take a loan to buy iron pieces and metalworking equipment. The additional materials and equipment will enable her to increase her production of iron braces. She hopes her business runs smoothly and will help her to improve her 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
  • 151
    View loans »
    Vietnam Loans Fundraising
  • $13,311,100
    Funds lent in using Kiva
  • 20,880.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Phan to expand her business by purchasing additional materials and equipment for her production of iron braces.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2011
Listed
Oct 21, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012