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Hiep
Hie is 50 years old, married and helps support her family by operating a beauty shop. She lives in Ho Chi Minh City with her children and husband, who works as a mason. She has been in her current line of work for 12 years and is applying for a loan to buy supplies and equipment for her shop, including shampoo, dyes and nail polish. Her goal for the future is to continue expanding her shop so that she can improve her 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
  • 68
    View loans »
    Vietnam Loans Fundraising
  • $12,763,925
    Funds lent in using Kiva
  • 20,825.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Hiep to buy supplies for a beauty salon.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2011
Listed
Jan 19, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012