Tinh is 56 years old and married. He lives with six children and his wife in Ho Chi Minh City.
He and his wife earn a living operating a store from their house that sells basic household necessities to the people in their community. They have done this for the past eight years.
Tinh would like to take out a loan to invest in his store by buying a greater variety and quantity of basic goods. This will enable him to provide more products for his customers, generate more income to cover his family's living expenses, and reinvest in the 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.