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Thao
Thao is 30 years old and married with two children. Her husband is a driver for hire. She has been selling bedclothes for 15 years. She started this business to cover her expenses and raise her two children. They live in Ho Chi Minh City.

Thao is requesting a loan to expand her business by buying more different kinds of bedclothes and repairing her shop that will allow her to attract more customers. 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
  • 77
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 20,903.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Thao to buy more different kinds of bedclothes and repair her shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 20, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014