Update on MaiMai is requesting a new loan to buy a range of new products, such as food and beverages, to restock her general store. This purchase will help her to better meet the needs of her customers. Her previous loan enabled her to improve her business and offer her customers a greater variety of products.
She hopes that her new loan will assist her in increasing the size of her store and increasing sales, and will also help her to improve her living conditions.
Previous Loan DetailsMai, 44, is single. She lives with her family in Ho Chi Minh City. Mai supports her family by running a general store in front of her house. She started this business two years ago. She sells snacks, toys, soft drinks, yogurt and other household items to people in her community. She is re... More from Mai'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
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Success!! The loan was 100% repaid
- Repayment Term
- 12 months (Additional Information)
- Repayment Schedule
- Jun 28, 2013
- Jul 18, 2013
- Currency Exchange Loss:
- May 17, 2014
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.