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Tien
Tien, 40, lives in Ho Chi Minh City with his two children and his wife. Tien and his wife have earned money by running a food stall in front of their house for 10 years.

Tien is requesting a loan to buy a larger stock of food and ingredients to make meals to better satisfy his customers' needs. He also hopes his business will ensure that his family, especially his children, will have a better education and a better future.

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
  • 77
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 21,052.6
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Tien to buy food and other ingredients to make meals to sell at his stall.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2013
Listed
Nov 14, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014