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Quoc
Quoc is 39 years old and married with two children. He lives with his family in Ho Chi Minh City. He and his wife earn an income by running a food stall to sell meals for breakfast to people in their community.
He started this activity 12 years ago. He is requesting a loan to expand his business, by buying a greater variety of food and quality ingredients, to make different kinds of meals to sell at his stall and better satisfy his customers. 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

  • $5,600
    Average annual income
  • 118
    View loans »
    Vietnam Loans Fundraising
  • $14,469,900
    Funds lent in using Kiva
  • 20,832.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Quoc to buy a greater variety of food and good ingredients to make meals for selling.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 7, 2012
Listed
Dec 19, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013