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

Update on Chi

Chi is requesting a new loan to buy better quality clothes at competitive prices from wholesalers. Chi's previous loan enabled her to expand her business and earn a higher income to support her family.

She hopes that another loan will assist her to increase the size of her business, attract new customers and increase her sales. She also hopes that through the loan she can increase her income and improve her family's living conditions.

Previous Loan Details

Chi is a forty-seven-year-old married woman. She lives with her two sons and husband in Ho Chi Minh City. Her husband works in the construction field. For nine years, she has run a shop selling clothes to people in her community. Chi would like a loan to purchase better quality clothes at com... More from Chi'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
  • 112
    View loans »
    Vietnam Loans Fundraising
  • $15,326,650
    Funds lent in using Kiva
  • 20,833.3
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Chi to purchase better quality clothes at competitive prices from wholesalers.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jan 10, 2013
Jan 19, 2013
Currency Exchange Loss:
Nov 17, 2013
This photo was used before for a previous loan for Chi. It was first posted on Kiva on Apr, 2012. Learn More