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Van
Van is 49 years old and married with three children. He lives with his family in a small house in Ho Chi Minh City. His wife does housework and takes care of their children. Van runs a shop manufacturing plastic components of metal ladders to earn a living. He started his business 25 years ago.

Van intends to use this loan to gradually expand his business by buying materials to increase his production for sales. He hopes his business runs smoothly and will help him to improve his 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

  • $725
    Average annual income
  • 78
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 21,079.3
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Van to buy materials to make components of metal ladders.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2013
Listed
Aug 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014