Hong is 40 years old. She has two children and lives with her family in Ho Chi Minh City.
Hong's husband sells electrical goods. Hoang earns an income to support her family by selling clothes as a vendor. She has requested a loan to invest in their businesses by buying a larger range of electrical goods and clothes to sell. She hopes that this will enable them to better serve their current customers, attract new customers, and increase the turnover of their businesses. Hong hopes their businesses run smoothly and will help her family to increase their income and improve their living conditions.
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.