Phuong, 51 years old, is married and has two children, a son and a daughter. Her husband works for a printing factory. They live in Ho Chi Minh City. She supports her family through the income that she earns from selling pork noodles to the people in her local community. She began this business seven years ago.
Phuong intends to take a loan to buy a greater quantity of ingredients and food to sell, and she also would like to use a part of the loan for her children's tuition fees. The additional capital will enable her to increase her sales of food and better meet her customers' demands. She hopes that her business runs smoothly and will help her to improve her living conditions.
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.