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Phuong
Phuong, 47, is married. She lives with her family in Ho Chi Minh City. She and her husband earn a living making and selling leather shoes. They started this business 13 years ago.

She is requesting a loan to expand her business by buying better quality of leather materials to make better shoes and better satisfy her customers.

She hopes her business runs smoothly and will generate a higher income to assist her in improving her 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.

About Vietnam

  • $725
    Average annual income
  • 124
    View loans »
    Vietnam Loans Fundraising
  • $12,974,825
    Funds lent in using Kiva
  • 21,074.8
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Phuong to buy leather to make shoes.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2013
Listed
Aug 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014