Phuong is 46 years old, married, and has two children. She lives in Ho Chi Minh City. She and her husband earn money by raising and selling cows, which she has been doing since 1993.
Phuong is requesting a loan, which she will use to purchase a better quality foodstuff to feed her cows. She hopes this will enable her to earn a higher income from her business. She also hopes that through her loan she will be able to save money for any future difficulties facing her family.
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.