De is a 67-year-old, married man living in Ho Chi Minh City. He has one son. His wife earns a living running a general store. De supports his family by running a business of renting rooms to boarders, which he has done for 14 years.
De would like to take a loan to upgrade his rooms for rent. He hopes this will enable him to better meet the needs of his customers and to increase the turnover of his business. He also hopes that, through the loan, his business will generate a higher income and will help him to improve his family's living conditions and enable him to set aside some savings.
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.