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Microfinance

URGENT: Storm and Flood Response Notice in Hanoi and Northern Provinces of Vietnam

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Dear VietED Network Members! The Flood situation continues to occur in Hanoi and the Northern Provinces after the recent Storm No. 3-Yagi. Tuyet understands that each of us has been following these complicated developments in the area where we live as well as the area where VietED activities are being implemented. On behalf of the Board of Directors of the VietED Network and myself, I would like to send to all of you some Notices as follows: Prioritize protecting yourself and your family: You all have the right to do…

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Microfinance Microfinance Clients

Loans for ethnic women in Ba Vi Economic Development District, Hanoi City

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According to the cooperation agreement between VietED MFI and the Dutch MVM Organization on developing and supporting women in Vietnam’s ethnic regions to develop economically and improve living standards. On July 31, 2024, representatives of MNM organization visited and worked at the implementation site of the VietED Microfinance Project Program in Ba Vi district, Hanoi City.   During the visit, there were representatives of the VietED Fund Board of Directors, Ms. Dinh Thi Anh Tuyet, Chairwoman of the Fund Management Board and Mr. Nguyen Thanh Ha, Member of the Board…

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Financial Education Financial Inclusion Microfinance Microfinance Clients

Bridging the gap in finance, business and digital skills for women-owned micro, small and growing businesses in Vietnam

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June 2024 – Project “Growing My Business: Capacity building and support for the development of small, micro and growing women-owned businesses in Vietnam” is being funded by the Asia Foundation and The Center for Women and Development (CWD) coordinates with microfinance organizations to implement efforts to narrow the growing gender gap in the fields of financial management, entrepreneurship and digital skills in Vietnam. Vietnam. With support from Payoneer, this initiative aims to reach and support 3,000 female entrepreneurs to develop their businesses and actively participate in the digital economy in…

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Financial Education Financial Inclusion Microfinance

The Asia Foundation launched Accelerate My Business

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We launched Accelerate My Business (AMB) in #Vietnam! Working with local partner Center for Women and Development, this bold initiative is unleashing the entrepreneurial potential of 25,000 Vietnamese women by equipping them with the skills, knowledge, and support to thrive in the digital economy. Check out some quick highlights from the event: https://bit.ly/4dQwt62 Dive into more coverage about AMB: https://bit.ly/4dVELJO

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Microfinance

Microcredit for Mothers Foundation (MVM) Visit Ba Vi Women’s loans at VietED MFI

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On February 21, 2024, representatives of the Dutch MVM sponsor (Ms. Yvonne Veraart and Ms. Fieke) and the leadership of the VietED Microfinance Program visited customers in Ba Vi district, Hanoi city. The purpose of this visit of the sponsors is to personally exchange and listen to customers’ thoughts and aspirations, and the implementation process of VietED’s Microfinance activities to support the Customers create income and improve the quality of life of women when borrowing from MVM through VietED MFI. During the day, the delegation participated in 03 activities with…

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Microfinance Microfinance Clients

MFM Case studies_Roasting duck

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Case study 2: Mrs. Chu Thi Vuong is 36 years old, in Dong Bang village, Dong Thai commune, Ba Vi district, Hanoi, her family has many children, the children are still of school age, earning money rests heavily on the shoulders of the young couple. As a borrower who has been with the VietED Foundation since 2019, with a small amount of capital, the couple discussed investing in a traditional duck roaster to serve people in the village. Every day, in addition to taking care of children, she has to…

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Microfinance

Casestudy VietED_Microcredit for Mothers Foundation

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Mrs. Nguyen Thi Lan, Lai Bo village, Tay Dang town, Ba Vi, Hanoi is a regular member of Ba Vi VietED Foundation, Mrs. Lan’s family has 5 members, the eldest child has graduated from university, and the younger one is in kindergarten. In 2018 she had a third child and had to stay at home to take care of the children, the family’s expenditure mainly depended on her husband’s small salary, making life even harder. When the child is grown up, they discuss loans to raise livestock in order to…

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Microfinance

VietED Message of 2019 – “EFFICIENCY AND SHARING”

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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 Microfinance Clients Value chain

RaboBank visit VietED MFI

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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

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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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