On the afternoon of April 25th, Hearts for Hue returned to Huong Van commune to disburse loans for the locals as part of our Microfinance Program. At the April disbursement event, Hearts for Hue credit officers, local officials, and 29 borrowing households were in attendance.
Microfinance Program has been successfully implemented by Hearts for Hue for the past 12 years, providing small loans to vulnerable communities in order to promote financial inclusion and sustainable economic development. So far, this program has helped over 1,000 individuals access capital to start or grow their businesses, and generate sustainable income for themselves and their families.
The Microfinance Program is an important part of Hearts for Hue’s mission to improve the livelihoods of vulnerable communities in Vietnam. By providing access to small loans, Hearts for Hue hopes to empower poor women to take control of their finances and improve their economic well-being. In Huong Van commune, the program has been particularly successful in supporting impoverished women. The loans provided through the program have been used for a variety of purposes, such as purchasing livestock, expanding farms, and improving household infrastructure. Through these investments, women also have been able to increase their income and improve their families’ standard of living.
We would like to expresses our deep gratitude to Vesaf for generously sponsoring our program and for your unwavering commitment to making a positive impact in the lives of Hue local communities. With the continued support of donors like Vesaf, we are able to further expand and enhance our Microfinace Program, and reach out to even more vulnerable communities across Vietnam. Thank you for your invaluable support and partnership in creating a brighter future for those in need.