Ty and her family live in Ho Chi Minh City. She is 61 years old and has four children. Ty has been earning a living by operating a general store from the front of her house for the past five years. She sells a variety of goods, such as sugar, candies, basic household necessities and beverages.
Ty would like to borrow money to expand her business by purchasing more products in bulk (such as foods and beverages) to stock her general store. She hopes that this will enable her to increase her income 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.