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Huong
Huong, 55, is a widow. She lives with her family in Ho Chi Minh City. Huong supports her family by running a general store and cafe in front of her house. She started this business seven years ago. She sells household items and coffees to people in her community. She is requesting a loan to expand her business by buying a greater variety of products, in particular food and household items, to stock her store and better satisfy her customers. She hopes her business runs smoothly and will generate a higher income to assist her in improving her family's living conditions and set aside some money for facing any difficulties 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

  • $5,600
    Average annual income
  • 189
    View loans »
    Vietnam Loans Fundraising
  • $14,213,000
    Funds lent in using Kiva
  • 20,808.2
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Huong to buy a greater variety of products, in particular food and household items.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 6, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013