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Mai
Mai, 58, is married and has been supporting her family by operating a beauty shop in the local community. She lives with her two daughters and husband in Ho Chi Minh City. Mai and her husband have been in business for forty years. She plans to use this loan to buy new hairdressing tools, cosmetics, and materials such as shampoo, dyes, and nail-polish. In the future, she would like to expand her business and improve her family's living conditions.

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

  • $5,600
    Average annual income
  • 118
    View loans »
    Vietnam Loans Fundraising
  • $14,491,450
    Funds lent in using Kiva
  • 20,943.1
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Mai to buy new hairdressing tools, cosmetics, and materials such as shampoo, dyes, and nail-polish.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2013
Listed
Mar 23, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013