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Phuong, 51 years old, is married and has two children, a son and a daughter. Her husband works for a printing factory. They live in Ho Chi Minh City. She supports her family through the income that she earns from selling pork noodles to the people in her local community. She began this business seven years ago.

Phuong intends to take a loan to buy a greater quantity of ingredients and food to sell, and she also would like to use a part of the loan for her children's tuition fees. The additional capital will enable her to increase her sales of food and better meet her customers' demands. She hopes that her business runs smoothly and will help her to improve her living conditions.

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
  • 74
    View loans »
    Vietnam Loans Fundraising
  • $14,818,000
    Funds lent in using Kiva
  • 20,922.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Phuong to buy food to sell from her stall and to pay for her children's tuition fees.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Feb 28, 2013
Mar 15, 2013
Currency Exchange Loss:
Dec 17, 2013