Nghia is a 39-year-old single man. He lives with his mother in Ho Chi Minh city. He supports his family by selling noodles to the people in his local community, which he has done for 10 years.
Nghia would like to borrow a loan to buy a larger quantity and higher quality of foods to sell from his stall. He hopes that through the loan he will be able to increase the turnover of his business. He also hopes his business will run smoothly and he can earn additional income to reinvest in his shop and save for emergencies.
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.