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Linh
Linh is 38 years old, and is married. Her husband is a electrician. Linh has been running a business of selling electrical items in front of her door for seven years. She started this business to cover her expenses, and raise her four children. They live with her and husband in Ho Chi Minh City. Linh is requesting a loan to expand her business by offering many kinds of electrical items so that she will be able to increase the turnover of her business.

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
  • 125
    View loans »
    Vietnam Loans Fundraising
  • $13,216,325
    Funds lent in using Kiva
  • 20,872.5
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Linh to buy electrical goods so that she will be able to increase the turnover of her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014