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Huyenh
Huyenh, age 45, makes and sells slippers to earn a living. He lives in a small house in Ho Chi Minh City with his daughter and son.

Huyenh is sometimes unable to provide the volume of slippers required by his customers. He has therefore requested a loan. He will use his loan funds to buy a larger stock of material with which to make slippers, an investment that will allow him to increase his production so that he can meet his customers' needs.

He hopes that his business will ensure that his children can 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.

About Vietnam

  • $725
    Average annual income
  • 65
    View loans »
    Vietnam Loans Fundraising
  • $12,777,500
    Funds lent in using Kiva
  • 21,092.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Huyenh to buy a stock of materials with which to make slippers.
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