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Lang
Lang is a 56-year-old married woman living in Ho Chi Minh City. She has one daughter. She and her husband have earned a living selling noodles for 25 years. Lang would like to take out a loan to buy a greater quantity of ingredients and good quality food to stock her food stall and serve good meals to her customers. She hopes this will enable her to better meet the needs of her existing customers and attract additional customers. She also hopes that through the loan her business will generate a higher income and will help her to improve her family's 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

  • $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 $725 helped Lang to buy a greater quantity of ingredients and good quality food to stock her food stall and serve good meals to her customers.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2013
Listed
May 22, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014