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Trang's Group
In this Group: Trang, Chin, Dai, Diep, Hoa, Hoang, Hue, Lieu, Trang
Trang is 36 years old and lives with her two children and husband, who works as a mason. For the past three years, Trang has been running a food stall from the front of her house to earn income to support her family.

Trang is the Group Leader of a nine-member loan group living in Ho Chi Minh City. In the picture she is sitting second from the left, wearing a white jacket. Each of the group members is requesting loans to fund income-generating activities.

Trang is requesting a loan to purchase better quality foods and ingredients to make meals to sell from her stall. She hopes that this will help her to better meet the tastes of her customers and attract additional ones. She also hopes that through her loan she will be able to increase her income and save money for any future difficulties facing her 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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Vietnam

  • $5,600
    Average annual income
  • 120
    View loans »
    Vietnam Loans Fundraising
  • $14,469,900
    Funds lent in using Kiva
  • 21,276.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A portion of Trang's Group's $3,725 loan helped a member to purchase better quality foods and ingredients to make meals to sell from her stall.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 2, 2014
Listed
Jul 16, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015