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Phuong, 48-years-old, is married and has two children, a son and a daughter. Her husband earns a living working for a supermarket. Phuong supports her family through the income she earns from selling rice to the people in her community. She began this business three years ago. She lives with her family in Ho Chi Minh City.

Phuong intends to take a loan to buy more rice to stock her store and to pay for material to make rice sacks. The additional stock and material will enable her to increase her sales. She hopes her business runs smoothly and will help her to improve her 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

  • $5,600
    Average annual income
  • 125
    View loans »
    Vietnam Loans Fundraising
  • $15,354,600
    Funds lent in using Kiva
  • 20,872.5
    Vietnam Dong (VND) = $1 USD