Hong, age 50, owns and operates a general store which is located in front of her house. She started this business 18 years ago. She intends to use her loan to buy a variety of products to offer for sale, such as soft drinks, milk, tanks of drinking water, and confectionery. She and her husband have two children. The family lives in Ho Chi Minh City.
She is confident that her business will continue to run smoothly, allowing her to improve her family's living conditions and to save money for her children'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.