Thao, 54, is widowed and has one daughter. She lives with her family in Ho Chi Minh City. She has started a beauty shop and a general store. Thao is requesting a loan to expand her business by buying a greater variety of products such as shampoos and hairdressing tools to better satisfy her customers during the coming Tet holiday season. She hopes her business runs smoothly and will generate a higher income to assist her in improving 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.