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Yen
Yen, 53, lives in Ho Chi Minh City. She has her own house and lives with her husband and two children. Her husband works as a welder.

Yen has a small food stall in front of her house to sell beef noodles to her customers in her local community. She started this business over ten years ago.

She intends to expand her business by taking a loan to buy more kinds of food and ingredients to make better food, and so be able to attract more customers. With the capital investment, she believes it will help her have more profits to 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
  • 157
    View loans »
    Vietnam Loans Fundraising
  • $13,311,075
    Funds lent in using Kiva
  • 20,820.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Yen to buy more kinds of food and ingredients to make better food and so be able to attract more customers.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2012
Listed
Feb 14, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012