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Huong
Huong is 47 years old, and is married with two sons. She and her husband have been running a food stall and sewing masks for twenty years. They started this business to cover their expenses, and raise their children. They live in Ho Chi Minh City.

Huong is requesting a loan to expand her business by offering more food and buying fabric to increase her production of masks, so that she will be able to increase the turnover of her business.

She hopes that through the loan she will be able to expand her business activities, and have money to reinvest in her business 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

  • $725
    Average annual income
  • 68
    View loans »
    Vietnam Loans Fundraising
  • $12,926,025
    Funds lent in using Kiva
  • 20,922.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Huong to offer more food and buy more fabric to increase her production of masks.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014