Tao, 52, is married and has two children. He lives with his family in Ho Chi Minh City. His wife is running a beauty salon. He supports his family by running a business of audio equipment for hire.
Tao started this business eight years ago. He is requesting a loan to expand his business by buying additional different audio equipment to better satisfy his customers.
He hopes his business runs smoothly and will generate a higher income to assist him in improving his family's living conditions and sending his children to school.
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.