Microfinance

Message of 2019 – “EFFICIENCY AND SHARING”

As the year 2018 draws to close and 2019 welcomes us, I want to write something for all of you, as is my practice every year. I write to you as you are the blood and sweat of VietED Group and are an inextricable part of myself. Let me begin with summarizing what went through in 2018: VietED MFI activities did not go as so big but regardless of the difficult operating environment, we have maintained the performance as we gradually inch towards a formal MFI status. Microfinance is the…

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Microfinance

VietED Message of 2019 – “EFFICIENCY AND SHARING”

As the year 2018 draws to close and 2019 welcomes us, I want to write something for all of you, as is my practice every year. I write to you as you are the blood and sweat of VietED Group and are an inextricable part of myself. Let me begin with summarizing what went through in 2018: VietED MFI activities did not go as so big but regardless of the difficult operating environment, we have maintained the performance as we gradually inch towards a formal MFI status. Microfinance is the…

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MFOs-Investment Microfinance Value chain

RaboBank visit VietED MFI

On November 30, 2018, the representative of Rabobank – Mr. Mark Koppejan visited, surveyed and interviewed clients at the VietED branch in Ba Vi district, Hanoi. Mr. Koppejan discussed with the farmers who borrow loans from VietED to have a better understanding about agircultural production of the farmer households, their difficulties and needs to access financial services to improve the family economy and to get out of poverty in the district. The VietED’s staff and Mr. Koppejan met and visited Mrs. Phung Thi Xuan’s husbandry and orchard farm in Doai…

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Microfinance

Planning for the future

Phung Thi Ly is 29 years old. She is married and has 3 kids, two of them go to primary school but one is still very young. She currently works on a small farm where she raises pigs. She also grows fruit and can make upwards of 10 million a month from selling them. This season she is growing and selling grapefruits. She’s been selling fruit for 10 years since she graduated high school. Her husband is a truck driver but she is still the main source of income for…

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MFOs-Investment Microfinance

Alternative food safety

Tran Thi Nguyet grows bananas and dragon fruit and also raises livestock such as chickens and ducks, which are her main sources of income. She couldn’t keep up with raising pigs so she moved to chickens because the process is faster. She can sell around 30 eggs a day for 4k each. In one month she can earn around 3 million from the eggs. Every product she sells she makes sure is clean (ducks, birds, chickens). She only sells the healthy ones, and really only sells to farmers that she knows.…

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MFOs-Investment Microfinance

Vaccinations for livestock

Dien Thi Nguyen runs a farm in Ba Vi where she raises ducks and chickens. Dien’s husband used to work in the army but he is now retired, so she is the main source of employment for her family. A middleman comes to her farm to buy the livestock she raises and then sells it at the market. The price of the livestock usually depends on the market price. More and more farmers are now raising chickens and ducks, so the price is going down. She estimates that the chicken…

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Microfinance

Partners from Microcredit for Mothers (MFM) visit women clients at the Ba Vi branch of VietED Foundation

On November 12 2018, two of our partners from Microcredit for Mothers Foundation (MFM) accompanied us to visit clients to survey the implementation of MFM funding to support poor women through VietED in Ba Vi district. On this visit we conducted in depth interviews on three of our clients to receive updates and additional information on their progress in agriculture production and business. VietED, along with MFM, wanted to gain a better understanding on the impact that our services have made on the lives of these individuals. We also wanted…

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Microfinance

MicroFinance in Vietnam

N0 MFI Name Contact Operational area 1. VietED MicroFinance Head Office: 8/31 Phuong Liet, Thanh Xuan, Hanoi, Vietnam Tel: +84-0243-629-1101 Email: foundation@vieted.com.vn Website: http://vieted.com.vn FaceBook: https://fb.com/VietGiving YouTube: https://goo.gl/9F766p Nghệ An, Bắc Giang, Hà Nội 2. Capital aid for Employment of the poor MicroFinance institution (LTD) – CEP MFI 14C Cach Mang Thang Tam St., District 1 Ho Chi Minh City – Vietnam Tel: 84 – 028 – 38 220 959 / 38 239 100 Fax: 84 – 028 – 38 245 620 Email: cephcm@cep.org.vn Thành phố Hồ Chí Minh, Đồng Nai, Long An, Đồng…

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Microfinance

What will it take to end poverty in Vietnam?

What will it take to end poverty in Vietnam? A few months ago, I journeyed to Lao Cai, a predominantly ethnic minority area in Vietnam’s Northern Mountains, to supervise a pilot survey. One older man I encountered—typical of many we saw—was a subsistence farmer with minimal education who spoke only his native language and had barely ventured beyond his village. Members of ethnic minority groups make up 15 percent of the country’s population but account for 70 percent of the extreme poor (measured using a national extreme poverty line). During…

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Microfinance

Does Women’s Leadership in Vietnam Matter?

High primary enrollment ratios for girls and impressive female labour force participation rates are two striking examples of Vietnam’s progress on gender equality. On female leadership, however, Vietnam has a huge unfinished agenda. The good news is that a recent study by Grant Thornton (2013) shows women’s leadership in business is growing and 30 percent of Board of Director roles in Vietnam are held by women compared to the global average of 19 percent. Women’s membership in the Communist Party has also risen from over 20 percent in 2005 to more than…

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