Khoa is 35 years old and is married. His wife supports their family by working as a nanny. They have 2 children who live with them in Ho Chi Minh City.
Khoa has runs a motorbike and car wash service for 4 years. He intends to use his loan to buy oil and equipment to better serve his customers.
He hope his business runs smoothly and will help him to improve his family's living conditions, allowing him to save money for his children's education.
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.