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Lac
Lac is 40 years old and is married with three children. Her husband is a farmer. She has been running a food stall in front of her door for 3 years. She started this business to cover her expenses and raise her children. They live in Ho Chi Minh City.

Lac is requesting a loan to purchase new furniture to better accommodate her customers and attract new customers.

She hopes that through the loan she will be able to expand her business activities and have money to reinvest in her business in the 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
  • 66
    View loans »
    Vietnam Loans Fundraising
  • $12,974,825
    Funds lent in using Kiva
  • 21,195.4
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Lac to purchase new furniture for her food stall.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2014
Listed
Jun 16, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015