Hong is a 59-year-old married woman with six sons and one daughter. She lives with her children and husband in a small house in Ho Chi Minh City.
She and her husband have run a food stall in front of their house for the past ten years. They sells soups and noodles to people in their community.
Hong would like to receive a loan to expand her business by purchasing more furniture, cooking appliances, and good-quality food from wholesalers. She hopes that this will enable her to increase the turnover of her business, earn a higher income and improve her family's 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.