CEF Fund opens its branch in Long Thanh district

11:10, 16/10/2008

(ĐN) – In the morning of October 14, the Capital Aid Fund for Employment of the Poor (CEP Fund) officially opened its branch in Long Thanh district, bringing its number of branches to 22 across the country, including 17 branches in HCM city, 2 in Dong Nai and others in Binh Duong, Long An, Dong Thap provinces.

Chaiman of the provincial Labour Union Huynh Tan Kiet hands loans to the poor
(ĐN) – In the morning of October 14, the Capital Aid Fund for Employment of the Poor (CEP Fund) officially opened its branch in Long Thanh district, bringing its number of branches to 22 across the country, including 17 branches in HCM city, 2 in Dong Nai and others in Binh Duong, Long An, Dong Thap provinces. Until now, the fund provided loans worth more than VND335 billion to 100,000 poor laborers.

 

The branch offers standardized loan products and saving products to state employees and poor laborers in the local, helping them to begin small businesses and creating income generating activities.

 

In the opening day, 24 local households were provided with loans valued at VND99 million. On this occasion, the CEP Fund handed over a charity house to Ms. Nguyen Thi Chanh in Long Phuoc commune.

Reported by T.T