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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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Microfinance Microfinance Clients

Alternative food safety

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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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Microfinance Microfinance Clients

Vaccinations for livestock

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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

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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

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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://vietedmfi.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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