(HBO) - In the afternoon of October 28, the People's Committees of Hoa Binh City and Cao Phong District coordinated with Childfund Vietnam to hold a handover ceremony for the microfinance project sponsored by ChildFund Vietnam. There were representatives from a number of departments, branches, Hoa Binh city, Cao Phong district, ChildFund Vietnam project...attending the ceremony.


Childfund Vietnam is signing an agreement to hand over the Microfinance Project to the People's Committees of Hoa Binh city and Cao Phong.

According to the report at the handover ceremony, the project was implemented from 2017 to the end of September 30, 2022 in 2 districts, Ky Son (the former) and Cao Phong. The support disbursed to Ky Son district (the forrmer) was over 4.9 billion VND and over 7.5 billion VND to Cao Phong district. The project has effectively implemented the set goals such as helping nearly 2,000 women's members get loans for production and business development, building and replicating the models of economic development, raising the scale of production and industry development. The project activities have created a habit for the people to practice savings, which helps creating the local capital to lend for the economic development, with the flexible loans according to members' needs from 5 to 50 million VND. During the operation of the fund, the two districts have always received the attention and supervision from ChildFund and the State Bank's branch in Hoa Binh province through the periodic inspection of the fund's activities.

At the conference, the representatives of the units discussed the contents related to the project results, the advantages and disadvantages in the project implementation over the past time and the action plan after the recommendations at the conference. ChildFund Vietnam has signed an agreement to hand over the Microfinance Project to the People's Committees of Hoa Binh city and Cao Phong District.


Related Topics


Hoa Binh enhances awareness of "Safe and happy school" Project

The Department of Education and Training of Hoa Binh province held a conference on March 18 to review the performance of the "Safe and Happy School" Project and set out tasks for 2025. The project, funded by the Taiwan Fund for Children and Families (TFCF), aims to create a safe, inclusive, and supportive learning environment for students. The event saw the attendance of representatives from the TFCF and 26 beneficiary schools.

Industrial zone trade unions enhance support for female workers

With over 70% of their workers being women, trade unions across industrial parks (IPs) in Hoa Binh have been actively safeguarding their legal rights and interests while implementing initiatives to improve their income and well-being.

Provincial General Hospital innovate to better medical check-ups, examination

In recent years, the Hoa Binh provincial General Hospital has continuously innovated itself and improved the quality of medical services to meet the increasing needs of local people. With substantial investments in infrastructure and modern equipment, along with a team of highly qualified doctors and nurses, the hospital has gradually established itself as one of the leading medical units in the Northwestern region and a trusted destination for healthcare for people inside and outside the province.

Le Van Tam Primary School’s programming club shines on national stage

From mastering the fundamentals of programming to achieving national recognition, the Programming Club of the Le Van Tam Primary School (STAR LVT28) in Hoa Binh city has made remarkable strides in the field of robotics.

Hoa Binh youth launch “digital literacy” team

The Ho Chi Minh Communist Youth Union Committee and the Vietnam Youth Federation chapter of Hoa Binh province organised a programme on March 12 to launch the "Digital Literacy" movement and an online quiz on the resolutions of the Vietnam Youth Federation congresses at all levels, as well as the Politburo's Resolution No. 57-NQ/TW on breakthroughs in the development of science, technology, innovation, and national digital transformation.

Sustainable forest development tied to environmental protection

As climate change grows more unpredictable, the development of production forests has become essential - not just for economic growth, but for safeguarding the environment and maintaining ecosystem balance. By boosting local incomes, curbing natural disasters, preventing soil erosion, and protecting water resources, these forests play a crucial role in sustainable development.