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Loan
Loan, 56, is married and has five sons. She lives with her family in Ho Chi Minh City. She and her husband earn an income by running a general store in front of their house. They started this business twelve years ago. They sell milk, soft drinks, confectionery and household items to people in her community.

She is requesting a loan to expand her business by buying a greater variety of products, in particular snack foods and household items, to stock her store and better satisfy her customers. She hopes her business runs smoothly and will generate a higher income to assist her in improving her family's living conditions and send her children to school.

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
  • 34
    View loans »
    Vietnam Loans Fundraising
  • $12,730,775
    Funds lent in using Kiva
  • 20,803.2
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Loan to buy a greater variety of products, in particular snack foods and household items, to stock her store.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013