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Mai's Group
In this Group: Mai*, Dung, Mai, Trieu, Chi, Lan, Nguyet, Nghia
* not pictured
Mai is 51 years old and lives with four children. She is divorced. For the past 30 years Mai has been running a business of collecting, buying and selling used materials to earn an income to support her family.

Mai is the leader of an eight-member loan group whose members live in Ho Chi Minh City. In the picture, she is in the fifth from left, wearing a grey jacket. Each of the other group members is requesting a loan to fund income-generating activities.

Mai is requesting a loan to purchase a greater quantity of used materials to clean, recycle and sell to large waste-recycling facilities. She hopes that through her loan she will be able to increase her income and save money for any future difficulties facing her family.

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

  • $5,600
    Average annual income
  • 75
    View loans »
    Vietnam Loans Fundraising
  • $16,977,375
    Funds lent in using Kiva
  • 21,080.0
    Vietnam Dong (VND) = $1 USD