Microcredit

06/10/2023 Views: 2787 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

Welcoming Guest and Fundraising Experience Sharing

17/04/2026
Admin
19
Over the past month, the project had the honor of welcoming Ms. Kellen from the United States to visit and explore its ongoing activities in the community. This visit was not only an opportunity to showcase the project’s achievements but also a valuable chance to exchange knowledge and learn from international experiences.

Providing Monthly Scholarships and Learning Materials for Disadvantaged Students

16/04/2026
Admin
29
Recently, the project has closely collaborated with local authorities to continue providing monthly scholarships and learning materials to disadvantaged students in Bac Ruong, Dong Kho, and Tanh Linh communes. This meaningful activity aims to support students on their educational journey.

Education

15/04/2026
Emily
46
During my internship, I visited two schools supported by the Thien Chi Center and gained insight into everyday school life in Vietnam. From large class sizes to structural challenges in the education system, these visits showed how support programs aim to improve access to education, especially for students from low-income families.

OIF Project Update: Continued Financial Support and Accompaniment for Rural Women

09/04/2026
Admin
84
Within the framework of the project “Economic Development for Poor Rural Women through Financial Support, Capacity Building, and Access to Healthcare (2025–2028)”, funded by the International Organisation of La Francophonie (OIF), the Thien Chi Center continues to collaborate with local collaborators and commune management boards to implement support activities in the project areas.

Before the Internship: My Experience and Preparation Tips

09/04/2026
Emily
84
Before starting my internship in Vietnam, I spent one month traveling through the country. While this helped me get familiar with Vietnam, there were also several important things I had to organize in advance, even before my trip began.

Supporting Medical Care for Disadvantaged Households

07/04/2026
Admin
88
Recently, the project has closely collaborated with local collaborators and authorities to support disadvantaged households facing illnesses. Through field assessments, many severe and long-term cases have been identified and provided with partial financial assistance for treatment.