Van is 49 years old and married with three children. He lives with his family in a small house in Ho Chi Minh City. His wife does housework and takes care of their children. Van runs a shop manufacturing plastic components of metal ladders to earn a living. He started his business 25 years ago.
Van intends to use this loan to gradually expand his business by buying materials to increase his production for sales. He hopes his business runs smoothly and will help him to improve his 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.