Mi is 44 years old and married with two children, a son and a daughter. Mi and her husband have been running a food stall to sell noodles in front of her door for 10 years. She started this business to cover her expenses and to generate income to raise her children. She lives with her family in Ho Chi Minh City.
She is requesting a loan to expand her business by buying more noodles and ingredients to sell for her customers. She hopes that this will enable her to attract more customers and that she will be able to increase the turnover of her business. She hopes that through the loan she will be able to expand her business activities and have enough money to reinvest for the future.
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.