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Get to know Capital Aid Fund for Employment of the Poor

Established in 1991 by the Ho Chi Minh City Labour Confederation, the Capital Aid Fund for Employment of the Poor (CEP) is one of Vietnam's pioneering microfinance organizations. Its mission is to combat poverty and promote community development by providing sustainable and accessible financial services, such as micro-loans and savings products, to poor workers, laborers, and other disadvantaged individuals. Operating as a social financial institution under the supervision of the State Bank of Vietnam, CEP focuses on empowering its clients to create jobs, improve their livelihoods, and achieve financial stability.

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Capital Aid Fund for Employment of the Poor

Vietnam

Founded in

1991 (35 Years)

Founded

Last online: No recent activity

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2017

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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