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Dao
Dao is 42 years old. She lives in her own house with her husband and two sons in Ho Chi Minh City. Her husband earns money by making iron doors.

Dao supports her family by making garments. She started her business over three years ago. She intends to take out a loan to invest in both her own business and her husband's business by buying a greater quantity of cloth, fabrics, and metal to increase their production.

Dao hopes that through the loan she and her husband can earn more money and can save enough for the education of their children.

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
  • 89
    View loans »
    Vietnam Loans Fundraising
  • $14,449,625
    Funds lent in using Kiva
  • 20,790.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Dao to invest in both her own business and her husband's business by buying a greater quantity of cloth, fabrics, and metal to increase their production.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 29, 2012
Listed
Mar 17, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013