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Tung is 45 years old. He is married and has two children. He lives with his family in Ho Chi Minh City.

He and his wife have been running a general store for nearly eight years. They sell household necessity items and personal use products to people in the local community. He has requested a loan in order to buy a greater quantity and variety of goods to meet his customers' demand.

He hopes that through this loan he can earn more money from his current business and save the additional amount for reinvestment.

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
  • 56
    View loans »
    Vietnam Loans Fundraising
  • $17,244,150
    Funds lent in using Kiva
  • 21,000.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Tung to buy a greater quantity and variety of basic goods to stock his general store.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jan 5, 2012
Jan 13, 2012
Currency Exchange Loss:
Nov 15, 2012