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Anh
Anh is a 41-year-old man with one son. He lives with his family in Ho Chi Minh City. He and his wife have been running a business making and selling grass brooms for twenty years. Anh would like to take a loan to buy a greater quantity of raw materials to make grass brooms. He hopes this will enable him to meet the needs of his existing customers and to attract additional customers. He also hopes that through the loan his business will generate a higher income and help to improve his family's 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

  • $725
    Average annual income
  • 76
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 20,933.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Anh to buy raw materials for making brooms.
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