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Lan
Lan is a 55-year-old married woman living in Ho Chi Minh City. She has four children. Her husband is a mechanic. Lan earns a living running a general store, which she has done for three years. Lan would like to take loan to buy a greater variety and quantity of basic goods, such as shampoos, dishwashing liquid, snack foods, and confectionary to stock her general store. She hopes this will enable her to better meet the needs of her existing customers and attract additional customers. She also hopes that through the loan, her business will generate a higher income and will help her to improve her family's living conditions and enable her to save money for her children's education.

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
  • 118
    View loans »
    Vietnam Loans Fundraising
  • $14,478,025
    Funds lent in using Kiva
  • 21,052.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Lan to buy more basic goods such as shampoo, dishwashing liquid and snack foods to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2013
Listed
Nov 14, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014