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Nga
Nga is 51 years old, and is a married woman who has been working in the mobile phone sector for three years. She and her husband started this business to cover their expenses, and raise two daughters. They live in Ho Chi Minh City.

Nga is requesting a loan to use to purchase a stock of mobile phone sim cards and accessories to sell from her stall. There is a lot of demand for these products in her community, and Nga hopes that by offering a great variety of products that she will be able to increase the turnover of her business.

Nga hopes that through the loan she will be able to expand this business, and have money to reinvest to her business in the 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
  • 82
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 20,760.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Nga to buy phone cards and accessories to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2011
Listed
Aug 18, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012