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Lam
Lam is a 43-year-old married man. He lives with his wife and two children in Ho Chi Minh City.

Lam and his wife have been earning a living by running a food stall from the door of their house for many years. They sell noodles.

He would like to borrow money to expand his business by buying plates, bowls, and furniture. He hopes that this will enable him to increase his income and improve his 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
  • 69
    View loans »
    Vietnam Loans Fundraising
  • $12,926,025
    Funds lent in using Kiva
  • 21,000.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Lam to buy plates, bowls and furniture.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2011
Listed
Jan 16, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012