T. is a 37-year-old married woman with a daughter. She lives with her family in Ho Chi Minh City. Her husband makes money by sewing bags and backpacks. T. supports her family by owning a beauty salon at her house. She started this business eleven years ago.
T. would like a loan to buy new hairdressing tools and cosmetic products to sell in her salon to better meet her customers' needs. She hopes that through the loan she will be able to increase her income and set aside some savings.
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.