Microcredit

06/10/2023 Views: 2947 mconan

Microcredit is one of the core activities of the Thiện Chí Center, fully aligned with its mission to strengthen communities and help them solve their own problems. Each loan is granted only after a careful assessment of the family’s situation, and it must always serve as an investment to generate income. Families with a clear plan for how to use the capital are more likely to receive support. Alongside the loans, training programs are provided so people can learn how to manage their money effectively and improve their economic activities, which also helps reduce investment risks.

Each loan cycle lasts six months. During this time, Thiện Chí employees visit families monthly to ensure everything is going smoothly. The center also works closely with local authorities and village workers, who keep them informed about each family’s progress. Everything is designed to maximize the loan’s chances of success.

The first loan is usually modest, ranging from 2,000,000 to 5,000,000 VND ($75–$190), depending on the family’s project. 

After each cycle, a decision is made whether to renew or increase the loan. The ultimate goal is for every family member’s average income to reach at least 1,200,000–1,500,000 VND per month (around $2 per person per day). Reaching this threshold gives the family credibility with traditional banks, making it easier to access larger loans in the future.

 

Other Campaigns

Saying goodbye

20/05/2026
Emily
21
After two months across all three Thien Chi offices, this internship came to an end filled with meaningful experiences, inspiring people, and a much deeper understanding of the importance of long-term development work in rural Vietnam.

Eye Examinations, Vision Screening, and Glasses Distribution for Primary School Students

20/05/2026
Admin
17
To support school health care and help disadvantaged students, the Thien Chi Center collaborated with local authorities, school boards, and the Eye Hospital to organize eye screening and vision testing activities for primary school students in Tuyen Quang, Ham Kiem, Ham Thanh, Tan Thanh, Tan Lap communes, and Ham Thuan Nam district, Lam Dong province.

Looking Back on One Year of Supporting Rural Women’s Livelihood Development

19/05/2026
Admin
35
After one year of implementing the project “Economic Development for Poor Rural Women through Microcredit Support, Capacity Building, and Healthcare Access” funded by the International Organization of La Francophonie (OIF), the Thien Chi Center has supported 300 disadvantaged women in project areas across Binh Thuan Province.

Bamboo Products – Creating Jobs for Rural Women

18/05/2026
Admin
51
Handmade bamboo products crafted by the livelihood group of Thien Chi Center are currently displayed and sold at stores of Mekong Quilts. These products are carefully handcrafted, environmentally friendly, and reflect the traditional craftsmanship of local communities.

Health Education in the Community

18/05/2026
Emily
47
Through regular health education sessions, Thien Chi raises awareness about common but often undetected conditions like high blood pressure, helping community members recognize risks early and prevent serious health and financial consequences.

Thien Chi Center Continues Organic Composting to Support Local Households

14/05/2026
Admin
81
To support households in developing sustainable agricultural practices and reducing farming costs, Thien Chi Center continues to implement organic composting activities to supply participants in local livelihood programs.