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Phu
Phu, 33, is married and has a daughter. He lives with his family in Ho Chi Minh City. He and his wife started a shop making garments four years ago. This shop helps them to maintain their living conditions. He is requesting a loan to expand his business by buying a greater variety of material to increase his production of garments. He hopes his business runs smoothly and will generate a higher income to assist him in improving his family's 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

  • $725
    Average annual income
  • 115
    View loans »
    Vietnam Loans Fundraising
  • $13,733,200
    Funds lent in using Kiva
  • 20,850.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Phu to buy a greater variety of material to increase his production of garments.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2012
Listed
Sep 20, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013