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Loan
Loan is 33 years old. She lives with her husband and three children in Ho Chi Minh City.

Loan has managed her general store for over five years. Her husband helps her to deliver goods when they are ordered. Loan sells many kinds of beverages and basic household items. She intends to take a loan to buy a greater quantity and variety of goods in bulk to sell to her customers during the coming holiday season.

She hopes that through the loan she can earn more money and can save enough money to send her children to school.

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
  • 15
    View loans »
    Vietnam Loans Fundraising
  • $12,563,700
    Funds lent in using Kiva
  • 21,005.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Loan to buy a greater quantity and variety of goods in bulk to sell from her general store.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2011
Listed
Nov 16, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012