Phuong is 45 years old and is married. She has a son and lives with her family in Ho Chi Minh City. Her husband works as an electrical maintenance worker for a hotel.
She has run a business selling drinking water tanks, beverages and coffee from her house for three years. She intends to use her loan to buy many kinds of beverages and coffee to sell to her customers.
She hopes her business runs smoothly and will help her to improve her family's living conditions and save money for her child'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.