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Hong
Hong is a 49-year-old married woman. She lives with her two children and husband in Ho Chi Minh City. She and her husband earn money by running a food stall to sell hot-pots for people in their community.

Hong would like a loan to purchase a better quality of raw food, such as meat and vegetables, and new furniture for her stall. She hopes this will enable her to better meet the needs of her customers and attract additional customers.

She also hopes that through her loan, she will be able to increase her income and save money for any future difficulties facing her family.

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
  • 38
    View loans »
    Vietnam Loans Fundraising
  • $12,727,275
    Funds lent in using Kiva
  • 21,030.5
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Hong to purchase a better quality of raw food, such as meat and vegetables, and furniture for her stall.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014