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Mai
Mai, 52, lives in a small house in Ho Chi Minh City with her family, including two daughters, one son and her husband. Mai and her husband earn money through their business producing slippers.

Mai is sometimes unable to provide the volume of slippers required by her customers. Consequently she would like to get a loan to buy a larger stock of material to make slippers and increase her production to meet her customers' needs. She also hopes her business will ensure that her family members, and especially her children, will have a better education and a better future.

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
  • 78
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 20,820.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Mai to buy a larger stock of material to make slippers.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2012
Listed
May 13, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013