40-year-old Hong lives with her husband in Ho Chi Minh City. The couple have two children, one son and one daughter. Her husband earns an income by cutting glass and copper.
Hong has tried to support her family by selling food and fruit juice for six years. This work provides her and her family with a daily income to meet the family's' basic living expenses.
Hong would like to take out a loan to expand her business by purchasing a larger quantity of food to sell to her customers, and by buying new furniture for her stall. She hopes that through the loan she will be able to increase her income, improve the living conditions of her family, and save for her children's education.
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.