Check out some available loans that are similar to this one!

Update on Quyen

Quyen is requesting a new loan, which she will use to purchase coffee and glasses and repair her family's motorbike. This purchase will help her to better attract and satisfy her customers and provide her family with a means of transportation. Her previous loan enabled her to improve her business. She hopes that her new loan will assist her in increasing the size of her food stall thereby increasing sales and improving her living conditions.

Previous Loan Details

Quyen is 53 years old, married, and has five children. She lives in Ho Chi Minh City. She and her husband earn money by operating a cafe in front of their house. Quyen is requesting a loan, which she will use to purchase coffee and a greater range and quantity of soft drinks to stock her cafe... More from Quyen's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Vietnam

  • $5,600
    Average annual income
  • 104
    View loans »
    Vietnam Loans Fundraising
  • $14,728,425
    Funds lent in using Kiva
  • 20,840.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Quyen to purchase coffee and glasses and repair the family motorbike.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Aug 23, 2012
Sep 21, 2012
Currency Exchange Loss:
Jun 17, 2013
This photo was used before for a previous loan for Quyen. It was first posted on Kiva on Dec, 2011. Learn More