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Ngan
Ngan is 42 years old, married, and has one son. She lives with her family in Ho Chi Minh City. She and her husband have supported their family by running a mechanical shop at their house for 12 years. They make screws.

Ngan is requesting a loan, which she will use to expand her business by buying equipment and materials to better satisfy her customers. She hopes her business runs smoothly and will generate a higher income to assist her in improving her family's living conditions.

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
  • 83
    View loans »
    Vietnam Loans Fundraising
  • $12,414,550
    Funds lent in using Kiva
  • 21,000.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Ngan to purchase equipment and materials for her metal shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2011
Listed
Jan 13, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012