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Hong
Hong, 36 years old, is married and has two children, a son and a daughter. Her husband works in a rubber factory. Hong supports her family through the income she earns from the general store. She started this business seven years ago. They live in Ho Chi Minh City.

Hong intends to take out a loan to buy a greater variety and quantity of shampoo and food products to stock her general store. The additional goods will enable her to increase her sales. 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.

About Vietnam

  • $725
    Average annual income
  • 110
    View loans »
    Vietnam Loans Fundraising
  • $13,714,875
    Funds lent in using Kiva
  • 21,105.9
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Hong to buy a greater variety and quantity of shampoo and food products 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