Le is a 43-year-old married woman who lives in Ho Chi Minh City. She has two children. Her husband lives with her and supports the family by running a cafe and selling mobile phones.
Le earns an income by selling newspapers and magazines. She has done this for 10 years. Le is asking for a loan because she intends to buy a display case from which to sell her papers and related products. She hopes this will enable her to attract additional customers and generate a higher income. She hopes that this will help her to improve her family's living conditions and enable her to save money for her children's education.
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.