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Hien
Hien, 40, is married with one daughter. He lives with them in Ho Chi Minh City. He earns a living running a food stall that serves breakfast and fruit juice to people in his community. He started this business three years ago. He is requesting a loan to expand his business by buying new appliances and a quantity of fruits 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.

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.

Tags

About Vietnam

  • $725
    Average annual income
  • 69
    View loans »
    Vietnam Loans Fundraising
  • $12,936,375
    Funds lent in using Kiva
  • 21,074.9
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Hien to buy new appliances and a quantity of fruits to better satisfy his customers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2013
Listed
Aug 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014