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Hoa
Hoa is a 51-year-old married woman with three children two sons and one daughter. She lives with her family in Ho Chi Minh City.

For the past two years, she and her husband have run a food stall to cover all the family living expenses. They sell beef noodles to people in their community. The business is going smoothly and she would like a loan to buy new furniture, bowls, chopsticks and better quality food to provide to her customers.

She hopes this will increase her income, help her to improve her living conditions and allow her to set aside some savings.

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
  • 35
    View loans »
    Vietnam Loans Fundraising
  • $12,727,275
    Funds lent in using Kiva
  • 20,900.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Hoa to buy new furniture, bowls, chopsticks and better quality food to serve.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2011
Listed
Oct 23, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012