Phuc is a 52-year-old married woman with 7 children, two sons, and five daughters. She lives with her family in Ho Chi Minh City. Her husband works as a driving instructor.
Phuc has run a general store and food stall at her house for ten years. She sells meals and products for people in her community, such as milk, beverages, stationery, and confectionery. She intends to use her loan to buy food and ingredients to make more kind of meals to better satisfy her customers.
She hopes her business runs smoothly to improve her family's living conditions and to help her 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.