Update on TienTien would like to take an additional loan to buy a greater quantity and variety of rice to sell from her stall. Tien'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 the size of her business, attracting new customers and improving sales. She also hopes that through the loan she can increase her income and improve her family's living conditions.
Previous Loan DetailsTien is 32 years old and married. She has 2 children. She and her husband support her family by selling rice in the local community. She would like to borrow a loan to increase the working capital for her business, which will enable her to buy a greater quantity and variety of rice to sell. ... More from Tien'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
120View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 11 months (Additional Information)
- Repayment Schedule
- Nov 16, 2012
- Nov 19, 2012
- Currency Exchange Loss:
- Sep 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.