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Nam
Nam is a 49-year-old married woman. She has two children. Her husband is working as a construction worker. Nam lives with her family in Ho Chi Minh City. For 10 years she has operated a food stall to sell meals to people in their community.

Nam would like a loan to purchase new furniture, good quality food, and rice in bulk. She hopes this will enable her to better meet the needs of her customers and attract additional customers.

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.

Tags

About Vietnam

  • $725
    Average annual income
  • 74
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 21,276.6
    Vietnam Dong (VND) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $950 helped Nam to purchase new furniture, good quality food, and rice in bulk.
78% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2014
Listed
Jul 19, 2014
Currency Exchange Loss:
Possible