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Dung
Dung is a 43-year-old married woman living in Ho Chi Minh City with her husband and four children.

Dung earns income to support her family by operating a general store, which she has run for the past 20 years. Dung would like to take out a loan to expand her general store by purchasing a greater range and quantity of cosmetic products, beverages and miscellaneous items to serve a larger number of customers.

She hopes that through the loan her business will be able to generate more income and enable her to improve her family's living conditions while putting 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
  • 110
    View loans »
    Vietnam Loans Fundraising
  • $13,688,275
    Funds lent in using Kiva
  • 21,006.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Dung to purchase cosmetic products, beverages and miscellaneous items to sell in her general store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2011
Listed
Nov 16, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012