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Man
Man is 55 years old and is divorced. She lives with her daughter in Ho Chi Minh City. She earns an income by running a laundry shop.

She started this business six years ago. She is requesting a loan to expand her business by buying a greater quantity of equipment and detergent powder for washing clothes to better satisfy her customers.

She hopes her business runs smoothly and will generate a higher income to assist her in improving 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

  • $5,600
    Average annual income
  • 82
    View loans »
    Vietnam Loans Fundraising
  • $14,427,750
    Funds lent in using Kiva
  • 21,200.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Man to buy a greater quantity of equipment and detergent powder to better satisfy her customers.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2013
Listed
Jul 18, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014