Update on HuyenHuyen would like to take another loan to start a new food stall business. With the loan, she would like to buy good quality ingredients so that she can make good food to attract customers. Huyen's previous loan enabled her to increase her sales and earn a higher income to support her family. She hopes that another loan will assist her in increasing her income and improve her family's living conditions.
Previous Loan DetailsHuyen is 33 years old, married and lives with her husband and three sons in Ho Chi Minh City. She and her husband earn a living by making shoes out of leather. She is applying for a loan to buy leather and other materials she needs to make more shoes. Her goal is to keep her business running… More from Huyen's previous loan »
About Capital Aid Fund for Employment of the PoorCapital 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
81View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 11 months (Additional Information)
- Repayment Schedule
- Oct 3, 2012
- Oct 24, 2012
- Currency Exchange Loss:
- Aug 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.