Check out some available loans that are similar to this one!
Anonymous Group
In this Group: Anonymous, Anonymous, Anonymous, Anonymous, Anonymous
For the borrower's privacy, this loan has become anonymous. Lenders to this loan can sign in to view complete details Learn More

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Vietnam

  • $725
    Average annual income
  • 67
    View loans »
    Vietnam Loans Fundraising
  • $12,926,025
    Funds lent in using Kiva
  • 21,276.6
    Vietnam Dong (VND) = $1 USD
Paying Back - Delinquent
A portion of Anonymous Group's $3,250 loan helped a member to purchase a better quality of noodles and greater variety of beverages to sell from her stall.
85% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2014
Listed
Jul 15, 2014
Currency Exchange Loss:
Possible