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Hong
Hong is a 32-year-old married woman with a son. She lives with her husband and son in Ho Chi Minh City.

Hong has been running a food stall for nearly two years. She sells Hue noodles and sugar cane juice to people in the local community. She intends to take 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
  • 82
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 20,800.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Hong buy food to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2012
Listed
Apr 18, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013