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Phuong
Phuong is 45 years old and is married. She has a son and lives with her family in Ho Chi Minh City. Her husband works as an electrical maintenance worker for a hotel.

She has run a business selling drinking water tanks, beverages and coffee from her house for three years. She intends to use her loan to buy many kinds of beverages and coffee to sell to her customers.

She hopes her business runs smoothly and will help her to improve her family's living conditions and save money for her child's education.

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
  • 43
    View loans »
    Vietnam Loans Fundraising
  • $12,730,775
    Funds lent in using Kiva
  • 20,833.3
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Phuong to buy beverages and coffee.
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