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Huong
Huong is 53 years old, and is married with two sons. She and her husband have been running a business of selling beverages for 22 years. She started this business to cover her family expenses. They live in Ho Chi Minh City.

Huong is requesting a loan to expand her business by purchasing a large quantity of soft drinks to restock her store 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 in 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
  • 55
    View loans »
    Vietnam Loans Fundraising
  • $12,722,750
    Funds lent in using Kiva
  • 20,833.3
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Huong to buy many kinds of beverages to restock her store.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013