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Hong, 52, is married and has been supporting her family by operating a beauty shop in the local community. Her husband earns a living working as a guard. Hong lives with her daughter and husband in Ho Chi Minh City.

Hong has been in her business for eighteen years. She plans to use this loan to buy a new hair dryer machine. In the future, she would like to expand her business and improve 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
  • 74
    View loans »
    Vietnam Loans Fundraising
  • $14,818,000
    Funds lent in using Kiva
  • 21,222.4
    Vietnam Dong (VND) = $1 USD