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Ngon
Ngon, 50, is single and lives in a small house in Ho Chi Minh City. She earns an income running a general store in front of her house.

She started this business 20 years ago. She sells sugar, toys for kids, soft drinks, yogurt, and other household items to people in her community. She is requesting a loan to expand her business by buying a greater variety of products to restock her store.

She hopes her business runs smoothly and will generate a higher income to assist her in improving her 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
  • 65
    View loans »
    Vietnam Loans Fundraising
  • $12,974,825
    Funds lent in using Kiva
  • 21,185.0
    Vietnam Dong (VND) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $675 helped Ngon to buy a larger variety of products such as food and soft drinks.
85% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2014
Listed
Aug 19, 2014
Currency Exchange Loss:
Possible