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Trung
Trung, 34, is married and has two children. He lives with his family in Ho Chi Minh City.

He and his wife have supported his family by running a mechanical shop at his house for eleven years. They make screws. He is requesting a loan to expand his business by buying equipment and materials to better satisfy his customers.

He hopes his business runs smoothly and will generate a higher income to assist him in improving his family's living conditions and sending his 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
  • 81
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 21,000.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Trung to buy equipment and materials for his metal shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2011
Listed
Jan 13, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012