Microfinance Archives - Page 2 of 2 - Foundation to Supports Low-Income Households and Economy Development

VIETNAM MICROFIANCE INSTITUTION BECOME TO PROFESSIONAL ORGANIZATION, BECOME TO THE FIANANCIAL INTERMEDIATION AND SOCIAL INTERMEDIATION

March 20, 2018 chungsucFinancial Inclusion in Vietnam, Microfinance in Vietnam, Microfinance Law in Vietnam0 comment

Microfinance works to improve economic conditions for poor clients, help them increase their incomes and improve their lives, by providing financial services to them. In fact, the poor often have difficulty accessing formal financial services due to a number of barriers, especially without collateral, when accessing formal credit services. In addition, MFIs are aiming to provide long-term clients with the ability to access sustainable financial services. Thus, microfinance is considered as a development tool for the poor, not just a financial service and it targets the following specific development goals:…

Microfinance

Circular no. 03/2018/tt-nhnn on licensing, organization and operation of microfinance institutions

March 16, 2018 chungsucMicrofinance Law in Vietnam0 comment

To our partners, We share hereby the English version of CIRCULAR No. 03/2018/TT-NHNNON on LICENSING, ORGANIZATION AND OPERATION OF MICROFINANCE INSTITUTIONS. Please find the detailed document in the attached below: 03_2018_TT-NHNN_Eng version Thank you!

Microfinance

Research Report on “Microfinance Products and Services: Current State and Development Solution”

March 15, 2018March 16, 2018 chungsucMicrofinance in Vietnam0 comment

Microfinance institutions (MFIs) worldwide and in Vietnam are strong in providing products and services suitable to poor and low-income customers as their vision, strategy and business model from inception focus on this market segment. However, along with the robust development of information technology, digital financial services, agent banking as well as the trend and strategy of financial inclusion development across the globe and in Vietnam, these strengths have gradually become weaknesses. In this context, this study focuses on: (i) systematizing theories and practical experiences in the world related to microfinance…

Microfinance

Decision 20/2017-QD-TTg, date 12/6/2017 on regulations on activities of microfinance programs and projects

June 15, 2017March 16, 2018 chungsucMicrofinance in Vietnam0 comment

On June 12, 2017, the Prime Minister issued Decision No. 20/2017 / QD-TTg regulating the activities of microfinance programs and projects of political organizations, society, non-governmental organization. Subjects of application under the Decision are political organizations, socio-political organizations and non-governmental organizations; The ministries, the ministerial-level agencies, the agencies attached to the Government, the People’s Committees of the provinces and cities, the organizations and individuals involved in the operation of microfinance programs and projects of political organizations, Socio-political organizations and non-governmental organizations. 1. Conditions for registration of microfinance program or project…

Microfinance

Rabobank visits the value chain of Quynh Luu

March 11, 2017March 14, 2018 chungsucDứa Quỳnh Lưu0 comment

On March 1-3, 2017, a team of RaboBank correspondents from the Netherlands visited and interviewed the implementation of Rabobank funding to support pineapple farmers in Quynh Luu and Nghe An through VietED Fund. Within the framework of the visit, the Rabobank’s correspondent greatly admired the will of the local people and was impressed by the work that VietED has been doing to help farmers overcome poverty. Officials from VietED sent a reporter from RaboBank to visit the pineapple forest in Quynh Luu and stopped visiting the pineapple field of Bui…

Microfinance

Study Report on “Microfinance in Vietnam: The real situation and policy recommendations”

December 18, 2014March 16, 2018 chungsucMicrofinance in Vietnam0 comment

Vietnam Microfinance Working Group (VMFWG) has published the Study Report on “Microfinance in Vietnam: “The real situation and pocily recommendations”. This Report creates an overall picture which reflects the real situation of operating environment, policy and regulatory framework for microfinance institutions. Additionally, this Report does not concentrate on theories while deeply analyzing, evaluating comprehensively the current situation of microfinance activities of licensed microfinance institutions and programs/ projects in Vietnam. On that basis, recommendations and proposals taking practical and concrete actions to remove the present “knot” are expected to produce a…