Nam is 35 years old and is single. He lives in Ho Chi Minh City.
He has run a general store at his house for the past 10 years. He sells milk, beverages, stationery, and confectionery. He intends to use his loan to buy a variety of products to sell, including eggs, sugar, and sanitation items.
He hopes his business runs smoothly and will help him improve his living conditions and save money for future business investments.
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.