Khai is a 37-year-old married man with a daughter. He lives with his family in Ho Chi Minh City.
For the past five years, Khai has been supporting his family by making iron doors. He also has been running a small general store to supplement his income. Now he plans to take a loan to buy a greater range and quantity of common products such as foods and beverage to increase the stock of his store.
He hopes that through the loan he will be able to offer a greater range of products to attract new customers and better meet the needs of existing customers. He hopes that this will enable him to earn more money to cover the cost of family expenses. In the future he hopes to save more money to improve his family's living conditions and reinvest in his current business.
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.