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Huyen
Huyen is a 35 year-old married woman living in Ho Chi Minh City. She has 1 daughter. Her husband earns a living working as a carpenter. Huyen supports her family by running a general store in the local community, which she has done for 5 years. She would like to take out a loan to buy a greater variety and quantity of products, such as sugar, milk, soft-drink and snack foods, to stock her store and better satisfy her customers. She hopes this will enable her to better meet the needs of her existing customers and attract additional customers. She also hopes that through the loan her business will generate a higher income and will help her to improve her family's living conditions and enable her to save money for her child's education.

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
  • 192
    View loans »
    Vietnam Loans Fundraising
  • $14,187,950
    Funds lent in using Kiva
  • 20,920.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Huyen to buy a greater variety and quantity of products, such as sugar, milk, soft-drink and snack food to sell from her store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2012
Listed
Jun 20, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013