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Phuong
Phuong is a 43-year-old married woman. She lives with two children and her husband in Ho Chi Minh City. She and her husband earn money by running a business of sewing and selling clothes in the market.

Phuong would like a loan to purchase better quality sewing materials for her production of clothes. 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

  • $5,600
    Average annual income
  • 186
    View loans »
    Vietnam Loans Fundraising
  • $14,187,975
    Funds lent in using Kiva
  • 21,200.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Phuong to purchase better quality sewing materials for her production of clothes.
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