Phuong, 49, is divorced and has one son and one daughter. She lives with them in Ho Chi Minh City. Phuong supports her family by running a general store. She started this business 30 years ago. She sells cosmetics, toothpaste, and many kinds of food to people in her community. She is requesting a loan to expand her business by buying a greater variety of items, such as cosmetics, milk, cheese, pies, and soft drinks to stock her store and better satisfy her customers. She hopes her business runs smoothly and generates a higher income to assist her in improving her family's living conditions and sending her children to school.
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.