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Nhung
Nhung is a 51-year-old married woman. She lives with two children and her husband in Ho Chi Minh City. For 26 years, she and her husband have made brooms by hand.

Nhung would like a loan to purchase a larger quantity of materials needed to make brooms in order to help her better serve existing and attract new customers. She also hopes that through this loan she will be able to increase her income and save money for any future difficulties facing her family.

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
  • 35
    View loans »
    Vietnam Loans Fundraising
  • $12,727,275
    Funds lent in using Kiva
  • 21,092.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Nhung to purchase a larger quantity materials to make brooms.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2013
Listed
Nov 19, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014