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Nam
Nam is 35 years old and is single. He lives in Ho Chi Minh City.

He has run a general store at his house for the past 10 years. He sells milk, beverages, stationery, and confectionery. He intends to use his loan to buy a variety of products to sell, including eggs, sugar, and sanitation items.

He hopes his business runs smoothly and will help him improve his living conditions and save money for future business investments.

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
  • 64
    View loans »
    Vietnam Loans Fundraising
  • $12,926,025
    Funds lent in using Kiva
  • 20,811.8
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Nam to buy a variety of products to sell at his general store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013