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Thao
Thao is a forty-three-year-old married man with three children. Her husband has been working as a driver. She lives with her family in Ho Chi Minh City.

Thao has been running a food stall for nearly six years. She sells noodles to people in the local community. She intends to take out a loan to buy a greater quantity and variety of food to meet her customers' demand.

She hopes that through the loan she can earn more money with her current business and save additional amounts for reinvestment.

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
  • 142
    View loans »
    Vietnam Loans Fundraising
  • $13,029,750
    Funds lent in using Kiva
  • 20,810.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Thao to buy a greater quantity and variety of food to meet her customers' needs.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 29, 2012
Listed
Mar 16, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013