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Phuong
Phuong, 44, is married and has two children. She lives with her family in Ho Chi Minh City. Her husband is a veterinarian.

Phuong has been running a general store in front of her house for four years. She is requesting a loan to expand her business by buying more different new products to better satisfy her customers.

She hopes her business runs smoothly and will generate a higher income to assist her in improving her family's living conditions and sending her children to school.

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
  • 148
    View loans »
    Vietnam Loans Fundraising
  • $13,311,100
    Funds lent in using Kiva
  • 21,052.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Phuong to expand her business by buying more different new products to better satisfy her customers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2013
Listed
Nov 14, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014