Thao, 26, is married and has been supporting her family by operating a beauty shop in the local community. Her husband is a worker in a plastic company. She lives with her son and husband in Ho Chi Minh City.
Thao has been in business for four years. She plans to use this loan to buy new hairdressing tools, cosmetics, and materials such as shampoo, dyes, and nail polish. In the future, she would like to expand her business 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.