By: Tran Chau, KF13, Viet Nam
Vietnam currently has 52 microfinance institutions offering microloans and other services to the impoverished. Kiva is partnered with three, SEDA in Hanoi, TYM in Hanoi, and FPW in Thanh Hoa. Of the 52 MFIs, only one, TYM, is officially licensed by the Vietnamese Government.
I attended the second annual microfinance conference hosted by Citigroup a couple weeks ago. There, TYM was invited to give a presentation on the future of microfinance in Vietnam. The MFI identified three external and internal...Continue Reading >