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Phuong
Phuong, 49, is married and has three children. She lives with her family in Ho Chi Minh City. Her husband earns an income as a bus driver. Phuong started a general store nine years ago.

She is requesting a loan to expand her business by buying a greater variety of beverages and household items to sell at her store so that she can better satisfy her customers. She hopes her business will run 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

  • $5,600
    Average annual income
  • 84
    View loans »
    Vietnam Loans Fundraising
  • $14,425,725
    Funds lent in using Kiva
  • 21,088.1
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Phuong to expand her business by buying a greater variety of beverages and household items to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 2, 2013
Listed
Oct 24, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014