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Ngoc
Ngoc is a 25-year-old married woman. She lives with two children and her husband in Ho Chi Minh City. She and her husband earn money running a business making shoes and slippers to sell. Ngoc has run this business for ten years.

Ngoc would like a loan to purchase better quality materials such as leather and shoe accessories to make better shoes and slippers. She hopes this will enable her to better meet the needs of her customers and attract additional customers.

She also 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.

Tags

About Vietnam

  • $5,600
    Average annual income
  • 118
    View loans »
    Vietnam Loans Fundraising
  • $14,469,900
    Funds lent in using Kiva
  • 21,083.7
    Vietnam Dong (VND) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Ngoc to purchase better quality materials to use in making shoes and slippers for her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2013
Listed
Nov 19, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014