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Lan
Lan, 41, is married and has two children. She lives with her family in Ho Chi Minh City. Her husband earns an income working as an employee for a local company. Lan supports her family by running a general store in front of her house. She started this business five years ago. She sells milk, sugar, soft drinks, and other household items to people in her community. She is requesting a loan to expand her business by buying a greater variety of products, in particular foods and beverages, to stock her store and better satisfy her customers. She hopes her business will run smoothly, and will generate a higher income to assist her in improving her family's living conditions and send her 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
  • 82
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 20,680.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Lan to buy a greater variety of products, in particular foods and beverages, to stock her store.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2012
Listed
Feb 22, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012