Hung is a 52-year-old married man. He lives with his daughter and wife in Ho Chi Minh City. His wife earns money by running a general store.
For thirty years, he has run a business processing and selling leather to make leather products. He is requesting a loan to expand his business by buying a greater variety of leather to increase his sales.
He hopes his business runs smoothly and will generate a higher income to assist him in improving his family's 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.