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Nam
Nam is a 37-year-old married man. He lives with his two children and wife in Ho Chi Minh City. For ten years he and his wife have made aluminum products and operated a cafe in front of their house.

Nam would like a loan to purchase aluminum materials to make aluminum products and a quantity of beverages and coffee for his cafe. He hopes this will enable him to better meet the needs of his customers and attract additional customers.

Nam also hopes that through his loan he will be able to increase his family's income and save money for any future difficulties facing his family.

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

  • $5,600
    Average annual income
  • 177
    View loans »
    Vietnam Loans Fundraising
  • $14,164,800
    Funds lent in using Kiva
  • 21,080.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Nam to purchase aluminum materials to make aluminum products and a quantity of beverages and coffee for his cafe.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2014
Listed
May 16, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015