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Tu
Tu is 58 years old and married with three children. She lives with her family in a small house in Ho Chi Minh City. Her husband earns income as a farmer. Tu sells flowers and vases to earn a living.

She started her business eight years ago. She intends to take a loan to buy a variety of different flowers and vases to sell to her customers. This will enable her to increase the size of her business and earn a higher income.

She hopes her business runs smoothly and will help her to improve her 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
  • 79
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 21,083.7
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Tu to buy a variety of different vases and flowers to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2013
Listed
Nov 19, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014