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Phuong
Phuong is 43 years old and married with four children. She lives with her family in a small house in Ho Chi Minh City. She and her husband have been running a food stall to earn a living.

Phuong started her business ten years ago. She intends to use the loan to gradually expand her business by buying furniture for her stall and food so she can make a variety of different meals to sell to her customers.

She hopes her business runs smoothly and will help her to improve her 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
  • $12,926,025
    Funds lent in using Kiva
  • 21,083.7
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Phuong to buy food and furniture for her food stall.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2013
Listed
Sep 19, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014