Thao, 30, is married and has two children. She lives with her children and husband in Ho Chi Minh City. Her husband helps to support the family by operating a cell phone shop.
Thao has been in the beauty salon business for three years. She plans to use her loan partly to buy cosmestic products to sell and partly to support her husband's business by investing in cell phone accessories to sell. In the future, she would like to expand her business, repair her house and improve her family's living conditions.
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.