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Thu
Thu is a 57-year-old widowed woman. She lives with two children in Ho Chi Minh City. Thu earns money by running a food stall in front of her house that sells snacks, noodles and beef to people in her community.

Thu would like a loan to purchase a new show-case and food ingredients to better satisfy her customers. She hopes this will enable her to better meet the needs of her customers and attract additional customers.

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

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
  • 81
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 21,074.8
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Thu to purchase a new show-case and food ingredients.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2013
Listed
Aug 25, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014