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Loan
Loan, 35, is married and has two children. She lives with her family in Ho Chi Minh City. Her husband earns an income as a welder.

Loan started a sewing business 12 years ago. She makes clothes and sells fabric to her customers. She is requesting a loan to expand her business by buying fabric to make more clothes. She will also use part of her loan to repair her house.

She hopes her business runs smoothly, and that it will generate a higher income to assist her in improving her family's 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.

About Vietnam

  • $725
    Average annual income
  • 74
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 21,092.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Loan to buy fabric to make clothes to sell, and also to repair her house.
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