Funded

Total loan: $500
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Duc


A loan of $500 helped to buy tools and materials for his turning shop.


Duc's story

Duc is a 50-year-old, married man, who has a son and a daughter. He lives with his family in Ho Chi Minh City. Duc earns money by working as a turner; he has run his turning shop for thirty years. ["Turning" is a metal cutting process for producing a cylindrical object.]

Now, Duc would like to take a loan to invest in his business. He plans to use this loan to buy tools and materials for his turning shop, so he will be able to serve more customers. He hopes that through the investment of this loan, he will be able to increase the sales of his business. This will enable him to increase his income and improve his living conditions.



Loan details

Loan length:

11 months
Disbursed date: March 5, 2013
Facilitated by Field Partner: Capital Aid Fund for Employment of the Poor (CEP)

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: March 5, 2013
Facilitated by Field Partner: Capital Aid Fund for Employment of the Poor (CEP)