Phuong is 37 years old and married with one son. She lives with her family in a small house in Ho Chi Minh City. Her husband is a guard. Phuong earns income through running a food stall and general store that sells rice and different household items to people in her community.
She started her business seven years ago. She intends to take a loan to gradually expand her business by buying more furniture, dishes, and better quality food to better satisfy her customers.
She hopes the loan will help her business to run smoothly and improve her 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.