Update on TimTim is requesting a new loan to buy net materials for producing bathing scrubs. Tim's previous loan enabled her to expand her business 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 her sales. She also hopes that through the loan, she can increase her income and improve her family's living conditions.
Previous Loan DetailsTim would like to take another loan to buy a greater quantity of netting materials to make better-quality bathing scrubs to sell to wholesalers. Tim'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 inc... More from Tim'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
81View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 11 months (Additional Information)
- Repayment Schedule
- Mar 5, 2014
- Mar 19, 2014
- Currency Exchange Loss:
- Jan 17, 2015
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.