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Thanh
Thanh, 35, is married and has a son. He lives with his family in Ho Chi Minh City. His wife is a worker at a garment factory.

Thanh has been running a business of selling construction components and equipment in front of his house for 15 years. He is requesting a loan to expand his business by buying different construction materials to better satisfy his customers.

He hopes his business runs smoothly and will generate a higher income to assist him in improving his family's living conditions and sending his child to school.

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
  • 123
    View loans »
    Vietnam Loans Fundraising
  • $13,015,875
    Funds lent in using Kiva
  • 21,075.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Thanh to buy construction components and equipment.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2013
Listed
Aug 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014