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Micro Credit and Saving project in Binh Dai district
Viet Nam
2009
Ongoing
Keywords
Micro credit; Education (adult); Environment protection; Food security; Sanitation
Project description
The project provides financial services and facilitates socio-economic inclusion for disadvantaged and poor women, supporting household economy development, response to saltwater intrusion and new rural development. The program provides micro credit, and offers a savings facility. In addition, the programme provides financial education and training sessions for credit groups.
As a response to drought, Hulza Foundation's support in 2016 enabled MCNV to provide loans to help families to build large water containers to retain more rain water for human consumption during dry season.
With financial support from Jumpstart Foundation, MCNV collaborated with the Ben Tre provincial Women�s Union to establish women cooperatives, which provide stable jobs and income for poor women. These jobs help poor families to adapt to climate change by reducing their dependency on farming.
Primary thematic area
Secondary thematic areas
Financial services
Business development; Skills training
Project details
Umbrella programme
Accountable Org(s)
MCNV
Funding Org(s)
Hulza Foundation; Jumpstart Foundation
Implementing/
Partner Org(s)
MCNV; Ben Tre Women's Union
Project contact
MCNV Head Office, Amsterdam (+31 (0)20 627 0411) (info@mcnv.nl); Hanoi Office (mcnv@mcnv.vn); Central Vietnam Office (mcnvcvn@mcnv.vn)
According to Vietnam MF Working Group, Nguyen Thi Thu Ba is the manager of the Ben Tre Women's Union branch implementing the project (taichiinhvimo_bentre@yahoo.com.vn)
Funding (USD)
Committed
Spent
$
$
20,000 in funding from Hulza Foundation in 2016
Project website
https://www.hulza.nl/wp-content/uploads/2018/07/MCNV-report-for-Hulza-dec-2016_Thoi-Lai-Commune.pdf
https://mcnv.org/news-center/news/skill-training-benefits-members-of-credit-groups-in-binh-dai-ben-tre-province/
https://mcnv.org/what-we-do/entrepreneurship-and-value-chains/what-we-do-entrepreneurship-and-value-chains-climate-change-adaptation/
https://mcnv.org/what-we-do/home-based-job-benefits-poor-women-in-ben-tre/
https://mcnv.org/tag/ben-tremicrofinancewomen/
https://mcnv.org/what-we-do/entrepreneurship-and-value-chains/what-we-do-entrepreneurship-and-value-chains-climate-change-adaptation/
D-Portal link
Project evaluation
Evaluation source
No systematic evaluation appears to have been carried out, however, the program is monitored via periodic site visits are conducted to ensure that loans were spent on stated purposes, and case studies are published on individual success stories.
Evaluation methodology
N/A
Programme targets
Five women cooperatives will be established in Binh Dai and Ba Tri district for the production of mushrooms and dried fish, that will create jobs for at least 100 poor women.
Results achieved
As at 31 December 2016, the programme had 1361 clients, in 114 credit groups across 9 communes. The total value of disbursed loans was 5,299,014,000 VND. By 2020, the project has expanded to 11 communes and has a client base of over 5,000 women. The project has become financially self-sufficient, and is being conducted with the permission of the State Bank of Vietnam, Ben Tre provincial branch.
Targets met?
Five women cooperatives will be established in Binh Dai and Ba Tri district for the production of mushrooms and dried fish, that will create jobs for at least 100 poor women.
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