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Ly
Ly is 23 years old and married with two sons. She lives with her husband, a deliveryman, and their children in Ho Chi Minh City.

Ly supports her family by sewing woolen clothing in her home. She would like to use the loan to buy wool and materials so she can increase her production of woolen clothing.

Ly hopes that by doing this, her business will run smoothly, she will help improve her family's living conditions and she will be able to provide her children with a good 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
  • 83
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 21,001.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Ly to buy wool and materials to increase her production of woolen clothing.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2011
Listed
Dec 13, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012