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Thu
Thu is a 57-year-old married woman. She lives with a daughter and husband in Ho Chi Minh City. Her husband earns money as a worker of a food factory. She has run a general store at her house for 15 years. She sells milk, beverages, stationery, confectionery, and some household electrical goods. She intends to use her loan to buy many kinds of products to sell such as eggs, sugar, and sanitary items.

She also hopes that through her loan she will be able to increase her income and save money for any future difficulties her family faces.

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
  • 21,079.3
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Thu to buy eggs, sugar, sanitary items to sell in her general store.
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