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Nhan
Nhan is 65 years old and married with three children. He lives with his family in a small house in Ho Chi Minh City. To earn a living he and his wife have been running a general store, selling soft drinks and a variety of different products to the local community. He has been engaged in this business for 12 years.

He is requesting a loan to purchase basic goods such as soft drinks and household items to expand his product offering. He hopes his business runs smoothly and will help him to improve his living conditions.

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
  • 82
    View loans »
    Vietnam Loans Fundraising
  • $14,425,725
    Funds lent in using Kiva
  • 20,830.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Nhan to purchase new items (soft drinks and household items) to expand his product offering.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2012
Listed
Aug 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013