Over 2000 poor women have access to Save the Children’s micro finance programme

Save the Children has supported more than 2000 poor women in Can Tho City to increase their incomes through a microfinance programme since 2010.

Strong economic growth in Vietnam has brought about an increasing number of economic opportunities that traditionally were unavailable. However, many disadvantaged women entrepreneurs failed to survive the market leading to limited growth and low bargaining power in the marketplace.

In partnership with the Can Tho City’s Women Union, Save the Children provides small loans for rural women farmers to help them expand their production, invest in new farming and set up service business to generate incomes.

It also provides trainings on agricultural and farming productions, service business operation and budgeting management so to help the poor women adapt new livelihoods practices.

The ultimate objective is to build sustainable livelihoods for poor households in the province from which the children are provided with opportunities to have access to education and reasonable conditions to grow healthily.

“Save the Children’s microfinance programme has gained fundamental achievement. Through the progamme, the local poor women have had opportunities to have access to financial service and training to improve their production and business capacity. Most of borrowers have increased their incomes and improved their livelihoods quality”, says the President of Can Tho Women Union, Phan Thi Hong Nhung at a reviewing workshop held in Can Tho last week.

 “The programme has made a remarkable contribution to the provincial poverty reduction objective in the past few years’.

Save the Children has had over 10 years of experience in assisting poor households to develop sustainable micro enterprises in Mekong River delta, northern mountainous and central regions in Vietnam.