Microcredit

06/10/2023 Views: 1872 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

CHILDREN WITH LANGUAGE DELAY – DON’T WAIT, INTERVENE EARLY!

20/10/2025
Admin
20
Children with language delay speak later than their peers, speak little or unclearly, have difficulty understanding others, and show limited eye contact or gestures. Many parents think, “My child will talk eventually,” but waiting may cause them to miss the golden period for language development.

Making Banh Bao and visiting

20/10/2025
Leticia
28
Two families supported by Thien Chi: one growing rice and raising cows, the other shaping hundreds of banh bao each morning to make a living.

With Health Insurance Support, Le Gains a Chance to Heal and Care for Her Family

19/10/2025
Admin
32
Le’s family in Nam Thanh Commune is a low-income household currently borrowing capital from the Thien Chi Center. The family has five members — a couple and three children (in grades 10, 3, and 2). Their financial situation is very difficult; they have no farmland, only 9 sào (about 0.36 hectares) of cashew trees on dry hills, often suffering poor harvests. Le’s husband works in the cashew field and also collects bamboo shoots and firewood from the forest to sell. Le stays home to take care of the children and does sewing work, earning around 100,000 VND (about 4 USD) a day.

Stories from the rural area

17/10/2025
Leticia
52
Today was dedicated to visiting families supported by Thien Chi. Each story reflected the daily challenges of rural life.

More About Scholarships

16/10/2025
Leticia
64
Thien Chi’s scholarship program helps children from disadvantaged families stay in school, providing both monthly and yearly support depending on their situation.

A Morning of Farm Visits and Agricultural Models

15/10/2025
Leticia
55
Today’s visits focused on two families supported by Thien Chi through agricultural models and microcredits that help them maintain stable incomes.