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Phung
Phung is a 40-year-old married woman living in Ho Chi Minh City. She has two children: one daughter and one son.

Phung earns a living running a general store, which she has done for 14 years. She would like to take a loan to buy a greater variety and quantity of basic goods, such as milk, soft drinks, snack foods, and confectionery, to stock her store. She hopes this will enable her to better meet the needs of her existing customers and attract additional customers. She also hopes that through the loan her business will generate a higher income and will help her to improve her family's living conditions and enable her to save money to meet any future difficulties.

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

  • $5,600
    Average annual income
  • 94
    View loans »
    Vietnam Loans Fundraising
  • $14,461,025
    Funds lent in using Kiva
  • 20,800.0
    Vietnam Dong (VND) = $1 USD