Phuong and her family live in Ho Chi Minh City. She is 41 years old and has a daughter. Her husband earns an income working in interior decoration.
Phuong has been earning a living by operating a general store from the door of their house for the past seven years. She sells a variety of basic goods, such as sugar, confectioneries, and basic household necessities.
Phuong would like to borrow money to expand her business by increasing the quantity and variety of basic goods, such as snack foods and beverages, that she sells from her store. She hopes that this will enable her to increase her 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.