Khoa is 40 years old, married, and has three children. He lives in Ho Chi Minh City. His wife works in a local factory. Khoa raises insects to sell to his customers, which he has been doing for 10 years.
Khoa is requesting a loan, which he will use to buy more equipment and pens to raise a greater quantity of insects. He hopes to achieve higher sales and better satisfy his customers' needs. He also hopes that his business will ensure that his family members, and especially his children, will have a better education and a better future.
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.