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Ut
Ut is 44 years old and is married. He has a daughter and lives with his family in Ho Chi Minh City. His wife runs a food stall. Ut has run a shop to repair scooters for 3 years. He intends to use his loan to buy many kinds of spare parts to meet his customers' demands. He hopes his business runs smoothly to help improve his family's living conditions and to save money for his children's education.

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
  • 50
    View loans »
    Vietnam Loans Fundraising
  • $12,722,750
    Funds lent in using Kiva
  • 21,030.5
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Ut to buy spare parts for his shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014