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Lan
Lan is a 45-year-old married woman with two children. She lives with her family in a small house in Ho Chi Minh City. Her husband works in the construction field.

Lan has run a general store in front of her house for 20 years. She sells instant food, basic groceries and personal items for people in her community.

She would like to receive a loan to expand her business by purchasing more beverages, confectionery, and shampoo. She hopes that this will enable her to increase the turnover of her business, earn a higher income and improve her family's 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
  • 56
    View loans »
    Vietnam Loans Fundraising
  • $12,722,750
    Funds lent in using Kiva
  • 20,900.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Lan to purchase more beverages, confectionery, and shampoo to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2011
Listed
Oct 23, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012