Microcredit

06/10/2023 Views: 2402 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

THIEN CHI CENTER CONTINUES TO PROVIDE LOAN SUPPORT – EMPOWERING EDUCATIONAL DREAMS FOR UNDERPRIVILEGED STUDENTS

26/01/2026
Admin
53
Education is always the shortest path to changing one’s life, yet for many poor families, this path is full of obstacles. When their children enter colleges or universities, joy is often accompanied by worry, as tuition fees, living expenses, books, and other costs become a heavy burden for families with unstable incomes.

A JOURNEY TOWARD NORMAL STEPS FOR LITTLE TRAN

23/01/2026
Admin
96
The grandparents are elderly. Tran’s grandfather suffered a stroke, while her grandmother has hemorrhoids and poor health, yet she still struggles to take care of him. In such circumstances, Tran and her sibling have had to take care of themselves most of the time, from daily meals to everyday activities. Prolonged deprivation has left Tran physically weak with low immunity. She often falls, even from very minor bumps.

THIEN CHI CENTER – A RELIABLE MICRO-CREDIT SUPPORT FOR DISADVANTAGED HOUSEHOLDS

21/01/2026
Admin
90
In a context where many disadvantaged households face difficulties accessing formal banking loans, Thien Chi Center has been implementing a micro-credit support program for low-income families.

Meeting with Commune Collaborators to Review Project Activities

19/01/2026
Admin
98
Recently, the project organized a meeting with collaborators from communes where project activities are being implemented. The meeting provided an opportunity to review the overall results of activities carried out in recent times, as well as to share challenges and achievements during the implementation process at the community level.

MoMo Accompanies the Construction of Compassionate Houses for Disadvantaged Families

17/01/2026
Admin
115
Recently, the project has received meaningful attention and support from MoMo sponsor through the compassionate housing program for disadvantaged families. This activity carries profound humanitarian significance, contributing to improved living conditions and helping poor households stabilize their lives, feel secure in earning a livelihood, and gradually overcome difficulties.

Raising Awareness of Respiratory Health and Environmental Protection for Preschool Children

15/01/2026
Admin
120
In December 2025, Thien Chi Center collaborated with Ham Kiem Kindergarten to organize a series of activities aimed at raising awareness of respiratory health and environmental protection for preschool children. The program focused on simple and age-appropriate topics closely related to children’s daily lives, such as the harmful effects of tobacco smoke on the lungs and the important role of green trees in protecting human health and the living environment.