Huyenh, age 45, makes and sells slippers to earn a living. He lives in a small house in Ho Chi Minh City with his daughter and son.
Huyenh is sometimes unable to provide the volume of slippers required by his customers. He has therefore requested a loan. He will use his loan funds to buy a larger stock of material with which to make slippers, an investment that will allow him to increase his production so that he can meet his customers' needs.
He hopes that his business will ensure that his children can 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.