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Tai
Tai, 38 years old, is married and has two children, a son and a daughter. His wife helps to support their family through the income she earns from working as a bookkeeper. Tai is a barber and began his barber's shop twelve years ago. They all live in Ho Chi Minh City.

Tai intends to take a loan to buy barber's tools and equipment, such as dryers and razors. The additional tools will enable him to increase his sales. He hopes his business runs smoothly and will help him to improve his living conditions.

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
  • $12,974,825
    Funds lent in using Kiva
  • 20,811.8
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Tai to buy barber's tools and equipment, such as dryers and razors.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013