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Trang
Trang is a 35-year-old married woman with a son. They live in Ho Chi Minh. Her husband works as a bricklayer.

Since 2004, Trang has been operating a general store, selling basic household necessities and many kinds of instant food to people in her local community. She would like to take a loan to buy a greater variety and quantity of goods in bulk to stock her store. She would also like to use part of her loan to purchase materials to sew clothing from her house. She hopes that this will enable her to attract more customers and increase the turnover of her business.

Trang hopes that, through her loan, she will be able to improve her family's living conditions and set aside savings for her 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
  • 82
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 20,890.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Trang to expand her business by buying a greater variety and quantity of goods in bulk to stock her general store and materials to sew clothes from her house.
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