Tim, 36, is widowed and earns a living to support her family by making bathing scrubs. She lives with her son in Ho Chi Minh City.
Tim started the business five years ago. She would like to take a loan to expand the business. With the loan she intends to increase her working capital by buying good materials that will enable her to make better-quality products for her customers. She hopes that this will generate more income and that she can save money for her child to go 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.