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Hoa
Hoa is a 51-year-old married man living in Ho Chi Minh City. He has four children.

Hoa and his wife earn a living running a food stall, which they have done for 15 years.

Hoa would like to take loan to buy food ingredients and good quality food to serve his customers. He hopes this will enable him to better meet the needs of his existing customers and attract additional customers. He also hopes that through the loan his business will generate a higher income and will help him to improve his family's living conditions and enable him to save money to meet any future difficulties.

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
  • 69
    View loans »
    Vietnam Loans Fundraising
  • $12,936,375
    Funds lent in using Kiva
  • 20,950.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Hoa to buy food ingredients and good quality food to serve his customers.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2013
Listed
May 22, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014