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Nhung
Nhung is a 56-year-old married woman living in Ho Chi Minh City. She has six children. Nhung and her husband earn a living running a general store, which they have done for seven years. Nhung would like to take out a loan to buy a greater variety and quantity of basic goods, such as snack foods and confectionery, to stock her general store. She hopes this will enable her to better meet the needs of her customers and attract new customers. She also hopes that with the loan her business will generate a higher income and will help her to improve her family's living conditions and enable her to save money to meet any future difficulties.

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
  • 27
    View loans »
    Vietnam Loans Fundraising
  • $12,571,200
    Funds lent in using Kiva
  • 20,833.3
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Nhung to buy a greater variety and quantity of basic goods, such as snack foods and confectionery.
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:
Nov 17, 2013