Nu is 54 years old and widowed with one child. She supports her family by selling steamed glutinous rice in the local community. She is requesting a loan to increase the working capital for her business, which will enable her to buy higher quality food to sell at higher margins.
She hopes that through this loan she can 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.