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Ngan
Ngan is 58 years old and is widowed. She has been running a cafe and a general store in front of her door for 22 years. She started this business to cover her expenses and raise her two children. They live in Ho Chi Minh City.

Ngan is requesting a loan to expand her business by buying a greater quantity and variety of food and soft drinks to stock her store. She hopes that through the loan she will be able to expand her business activities and have money to reinvest in 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
  • 80
    View loans »
    Vietnam Loans Fundraising
  • $12,411,650
    Funds lent in using Kiva
  • 20,810.0
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Ngan to purchase more food and many kinds of soft drinks for selling.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2012
Listed
Feb 24, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012