Vu is a 40-year-old married man living in Ho Chi Minh City. He has one daughter. Vu's spouse works as a trader.
Vu’s has been in the business of making shoes for eleven years. He plans to use this loan to buy more good quality materials to make shoes and better meet the needs of his customers.
In the future, Vu would like to expand his business to increase his income to enable him to set aside money for his daughter's education.
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.