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Hieu
Hieu is a 54-year-old married woman. She lives with her one son, three daughters and husband in Ho Chi Minh City. Her husband earns money as a security guard. For five years, she has run a food stall selling fried chicken and rice to people in her community. Hieu would like a loan to purchase better quality food at competitive prices from wholesalers. She hopes this will enable her to better meet the needs of her customers and attract new customers. She also hopes that through her loan she will be able to increase her income and save money for any future difficulties facing her family.

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
  • $12,787,500
    Funds lent in using Kiva
  • 20,933.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Hieu to purchase better quality chicken and rice at competitive prices.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2013
Listed
Mar 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014