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Chuc
Chuc is 42 years old and is married with a son and a daughter. Her husband is a driver for hire. Chuc has been running a general store in front of her home for 20 years. She started this business to cover her expenses and to generate income to raise her children. She lives with her family in Ho Chi Minh City. Chuc is requesting a loan to expand her business by buying more household items and many kinds of soft drinks to stock her store. She hopes that this will enable her to attract more customers and 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

  • $5,600
    Average annual income
  • 118
    View loans »
    Vietnam Loans Fundraising
  • $14,475,725
    Funds lent in using Kiva
  • 20,872.5
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Chuc to buy more household items and many kinds of soft drinks to stock her store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2013
Listed
Apr 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014