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Xuyen
Xuyen, 41 years old, is married and has three daughters. He and his wife support the family through the income they earn from their general store. They have operated this business for two years and live in Ho Chi Minh City.

Xuyen sells sugar, toys, soft drinks, yogurt and other household items to people in his community. He is requesting a loan to expand his business and to prepare selling goods during the Vietnamese New Year. He will buy a greater variety of products; in particular, rice, sugar and milk. The additional materials will enable Xuyen to increase his sales. He hopes his business runs smoothly and will help him to improve his 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
  • 69
    View loans »
    Vietnam Loans Fundraising
  • $12,936,375
    Funds lent in using Kiva
  • 21,092.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Xuyen to buy rice, sugar and milk to sell at his store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 25, 2013
Listed
Jan 7, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2014