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Ngoc
Ngoc is a 47-year-old woman with three children, one son and two daughters. She lives with her family in Ho Chi Minh City and makes money by selling a variety of cold drinks. Her husband is a mechanic.

For the past twenty years, Ngoc has run a drinks stall to cover her family's daily living expenses and her children's education fees. The business is going smoothly and she would like a loan to buy ingredients to make her own drinks as well as to purchase many other kinds of soft drinks to sell to her customers.

She hopes this will increase her income, help her to improve her living conditions and allow her to set aside some savings.

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
  • 120
    View loans »
    Vietnam Loans Fundraising
  • $13,332,000
    Funds lent in using Kiva
  • 20,825.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Ngoc to buy ingredients to make her own drinks as well as to purchase many other kinds of soft drinks to sell to her customers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2011
Listed
Jan 19, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012