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Hong
Hong, age 50, owns and operates a general store which is located in front of her house. She started this business 18 years ago. She intends to use her loan to buy a variety of products to offer for sale, such as soft drinks, milk, tanks of drinking water, and confectionery. She and her husband have two children. The family lives in Ho Chi Minh City.

She is confident that her business will continue to run smoothly, allowing her to improve her family's living conditions and to save money for her children's education.

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
  • 158
    View loans »
    Vietnam Loans Fundraising
  • $13,311,100
    Funds lent in using Kiva
  • 20,810.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Hong to buy a variety of products to offer for sale, such as soft drinks, milk, tanks of drinking water, and confectionery.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2012
Listed
Feb 25, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012