Dien Bien Phu: Peoples Committee signature in Dien Bien
On Tuesday, we were thrilled to hear that the government officials (Peoples Committee) in Dien Bien approved our project, enabling us to commence our lending activities.
Hiring our Hanoi partner, Binh Minh, as our external consultants in Dien Bien was instrumental. Because of who they are culturally and in the field of microfinance, they were able to present our proposal to the Womens UNion and the Peoples Committe with the credibility and political authority that is necessary for making changes within governmental structures such as the WU.
The WU agreed with our proposal to centralize the operations and the PC signed our memorandum of understanding enabling us to work in our proposed target communes.
We are training our accountant in Hanoi utilizing Binh Minh experts and intend to conduct loan applications next week. We should release our first loans to 100 women within 3 weeks.
Very exciting news!
Hiring our Hanoi partner, Binh Minh, as our external consultants in Dien Bien was instrumental. Because of who they are culturally and in the field of microfinance, they were able to present our proposal to the Womens UNion and the Peoples Committe with the credibility and political authority that is necessary for making changes within governmental structures such as the WU.
The WU agreed with our proposal to centralize the operations and the PC signed our memorandum of understanding enabling us to work in our proposed target communes.
We are training our accountant in Hanoi utilizing Binh Minh experts and intend to conduct loan applications next week. We should release our first loans to 100 women within 3 weeks.
Very exciting news!
posted by Katharine | 12:35 PM
1 Comments:
Congratulation!
Greg
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