Thanh is a 53-year-old married man. He lives with his wife and two children in Ho Chi Minh City. He and his wife earn money through a business of making iron springs. They started this business thirty years ago.
He intends to take a loan to buy materials and equipment to increase his production of springs. He hopes this will enable him to better meet the orders of his customers and attract additional customers.
He also hopes that through his loan he will be able to increase his income and save money for any future difficulties facing his family.
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.