Yen is a 59-year-old married woman living in Ho Chi Minh City. She has four children. She and her husband earn a living running a general store, which they have done for eight years. Yen would like to take out a loan to buy a greater variety and quantity of basic goods, such as washing powder packs, toothbrushes and traveling shampoo packs to stock her general store. She hopes this will enable her to better meet the needs of her existing customers and attract additional customers. She also hopes that this loan will allow her business to generate a higher income, help her to improve her family's living conditions and enable her 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.