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Le
Le is a 40-year-old married woman with two children. She lives in a small house in Ho Chi Minh City. Her husband earns a living as a worker. Le has been running a food stall in front of her house for ten years. She sells steamed rice, pancakes, and pork pies. She would like to receive a loan to expand her business by purchasing more rice, cooking appliances, and good quality food. She hopes that this will enable her to increase the turnover of her business, earn a higher income and improve 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.

Tags

About Vietnam

  • $725
    Average annual income
  • 66
    View loans »
    Vietnam Loans Fundraising
  • $12,974,825
    Funds lent in using Kiva
  • 21,052.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Le to buy more rice, cooking appliances, and good quality food.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2013
Listed
Nov 14, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014