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Phu
Phu, 59, lives in a small house in Ho Chi Minh City with her family, including two children and her husband. Phu and her husband earn money through their business making clothes. She would like to get a loan to buy a larger stock of material to make clothes and increase her production to meet her customers' needs. She also hopes her business will ensure that her family members, and especially her children, will have a better education and a better future.

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
  • 38
    View loans »
    Vietnam Loans Fundraising
  • $12,722,750
    Funds lent in using Kiva
  • 21,177.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Phu to buy material to make clothes to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2013
Listed
Nov 16, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014