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Phuong
Phuong, 53, lives in a small house in Ho Chi Minh City with her family, including two sons and her husband. Phuong and her husband earn money through their business selling artificial and dried flowers.

Phuong would like to get a loan to buy a larger stock of material to increase her flower production to meet her customer's needs.

She 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.

Tags

About Vietnam

  • $725
    Average annual income
  • 110
    View loans »
    Vietnam Loans Fundraising
  • $13,714,875
    Funds lent in using Kiva
  • 21,083.7
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Phuong to buy a larger stock of material to increase her flower production to meet her customer's needs.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2013
Listed
Nov 19, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014