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Huong
Huong is a 55-year-old married woman. She lives with her family in Ho Chi Minh City. To support her family, Huong earns an income by running a general store. She started this business two years ago.

Huong would like to take a loan to expand her current business. With the loan, she will buy a greater variety and quantity of foods and household items that will enable her to attract additional customers.

Huong hopes that through the loan, her business will generate a higher income, help her to improve her family's living conditions and enable her to set aside some savings.

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
  • 83
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 20,903.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Huong to buy a greater variety and quantity of foods and household items.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2013
Listed
Apr 20, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014