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Hang
Hang is 40 years old, and is married with two children. Her husband has been running a business of garbage collection. She has been running a shop, sewing and selling traditional dresses in front of her door for ten years. She started this business to cover her expenses, and raise her two children. They live in Ho Chi Minh City.

Hang is requesting a loan to expand her business by buying more fabric and better quality sewing materials so that she will be able to attract more customers and increase the turnover of her business.

She hopes that through the loan she will be able to expand her business activities, and have money to reinvest to her business in the future.

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
  • 80
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 20,833.3
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Hang to buy more fabric and better quality sewing materials.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 25, 2012
Listed
Jan 19, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013