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Hung
Hung is 24 years old and married with a daughter. Hung lives with his family in a small house in Ho Chi Minh city. His wife earns income through running a laundry business. Hung runs a food stall to earn a living.

He started his business two years ago. He intends to take a loan to gradually expand his business by buying a variety of different foods to sell to his customers.

He hopes his business runs smoothly and helps him improve his 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
  • 34
    View loans »
    Vietnam Loans Fundraising
  • $12,730,775
    Funds lent in using Kiva
  • 21,084.9
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Hung to buy a variety of different foods to sell at his stall.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2013
Listed
Oct 22, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014