Update on QuyenQuyen would like to take another loan to buy sewing machines to sell from her stall. Quyen'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, attract new customers and increase sales. She also hopes that through the loan she can increase her income and improve her family's living conditions.
Previous Loan DetailsQuyen is 37 years old, married with three children, and lives with her family in Ho Chi Minh City. She supports her family through the income she earns from making clothes. She started this business over four years ago. Her husband is also involved in this business. She intends to take a loan ... More from Quyen'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
125View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 12 months (Additional Information)
- Repayment Schedule
- Sep 24, 2013
- Oct 22, 2013
- Currency Exchange Loss:
- Aug 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.