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Hai
Hai is a 44-year-old married man living in Ho Chi Minh City. He has two children.

Hai and his wife earn a living running a general store, which they have done for four years. Hai would like to take a loan to buy a greater variety and quantity of basic goods, such as toothpaste, foods and beverages, to stock his general store.

Hai hopes this will enable him to better meet the needs of his customers and increase the turnover of his business. He also hopes that through the loan, his business will generate a higher income and will help him to improve his family's living conditions and enable him to set aside some savings.

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
  • 130
    View loans »
    Vietnam Loans Fundraising
  • $13,209,075
    Funds lent in using Kiva
  • 20,830.7
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Hai to buy a greater variety and quantity of basic goods, such as toothpaste, foods and beverages, to stock his general store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Feb 5, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013