Binh Duong (VNA) – The Capital Aid Fund for Employment of thePoor (CEP) has said it will provide 2,253 scholarships and 9,610 gift packagesworth nearly 8 billion VND in total (344,000 USD) to children of labourersduring the 2019-2020 school year.
The CEP Fund’s branch in the southern province of Binh Duong recently handedover 133 scholarships to poor students with outstanding academic achievements,whose parents are its members.
Between 2009 and 2019, the CEP scholarship programme granted 14,421 scholarshipsand 140,575 learning aids to nearly 3.3 million students, with a total sum ofover 51 billion VND (2.1 million USD).
Founded in 1991 by the Ho Chi Minh City Labour Confederation, the CEP Fund is a non-profit Vietnamese micro-financeinstitution that operates in the Southeastern and Mekong Delta provinces.
The vision of CEP is to see significant improvements in the living conditionsof the poor and the poorest in Vietnam through the efficient, effective andsustainable provision of microfinance services.-VNA