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Long
Long is a 42-year-old married man. He lives with two sons and his wife in Ho Chi Minh City. He and his wife have earned money by running a general store for 15 years.

Long would like a loan to purchase a greater quantity and range of basic products (such as foods and toiletries) to sell from his general store. He hopes this will enable him to better meet the needs of his customers and attract additional customers.

He also hopes that through his loan, he will be able to increase his income and save money for any future difficulties facing his family.

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
  • 186
    View loans »
    Vietnam Loans Fundraising
  • $14,187,950
    Funds lent in using Kiva
  • 20,715.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Long to purchase a greater quantity and range of basic products to sell from his general store.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2012
Listed
Apr 21, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013