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Tim
Tim, 36, is widowed and earns a living to support her family by making bathing scrubs. She lives with her son in Ho Chi Minh City.

Tim started the business five years ago. She would like to take a loan to expand the business. With the loan she intends to increase her working capital by buying good materials that will enable her to make better-quality products for her customers. She hopes that this will generate more income and that she can save money for her child to go to school.

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

  • $725
    Average annual income
  • 78
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 21,000.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Tim to buy materials to make better-quality bathing scrubs.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2011
Listed
Dec 13, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012