Huong is a 57-year-old married woman living in Ho Chi Minh City. She has two children. Her husband is working as a supervisor for a school. Huong earns a living running a general store, which she has done for four years. Huong would like to take a loan to buy a greater variety and quantity of products (such as juice, beverages, and confectionaries) to stock her store. She hopes this will enable her to better meet the needs of her customers and increase the turnover of her stock. She also hopes that through the loan, her business will generate a higher income and will help her to improve her family's living conditions and enable her to set aside some savings.
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.