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Phuong, 39 years old, is married and has a son. She lives with her son and husband in Ho Chi Minh City. Her husband supports the family through the income he earns from driving. Phuong started her business of selling food over nine years ago. She sells soups and noodles to people in her community.

Phuong intends to take a loan to increase her working capital and buy better quality ingredients to make better food so that she can attract more new customers. She hopes her business runs smoothly and will help her to improve her living conditions.

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
  • 60
    View loans »
    Vietnam Loans Fundraising
  • $17,281,325
    Funds lent in using Kiva
  • 20,840.0
    Vietnam Dong (VND) = $1 USD