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Lan
Lan is 44 years old and is married, with a son. Her husband is a teacher.

Lan has been running a food stall for 17 years. She started this business to cover her expenses and to generate income to raise her child. She lives with her family in Ho Chi Minh City.

Lan is requesting a loan to expand her business by buying more appliances and furniture for her stall. She hopes that this will enable her to attract more customers and that she will be able to increase the turnover of her business.

She hopes that, through the loan, she will be able to expand her business activities and have money to reinvest in her business in the future.

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
  • 68
    View loans »
    Vietnam Loans Fundraising
  • $12,926,025
    Funds lent in using Kiva
  • 21,207.2
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Lan to buy furniture and appliances for her food stall.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2013
Listed
Jul 19, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014