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Tien
Tien, a 65-year-old married man, lives in Ho Chi Minh City. He has 8 children. He and his wife run a clothing shop at their house. They started this business ten years ago.

Tien requires a loan to expand his business by purchasing fabrics and good quality materials to increase his production of clothes. This will enable him to offer a better range of clothes to his customers. He hopes his business will run smoothly and he can earn additional income to support his 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.

About Vietnam

  • $725
    Average annual income
  • 125
    View loans »
    Vietnam Loans Fundraising
  • $13,745,925
    Funds lent in using Kiva
  • 21,000.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Tien to purchase fabric and good quality materials to increase his production of clothes.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 4, 2012
Listed
Jan 13, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012