EDM Vietnam

An Entrepreneurs du Monde microfinance initiative. Entrepreneurs du Monde is a non-governmental non profit organization based in France which operates in developing countries to enable the poorest members of the population to develop small economic ventures by giving them access to credit, savings and training.

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Name: Katharine
Location: Hanoi, Vietnam

I joined Entrepreneurs du Monde in March of 2006 and moved to Vietnam in October 2006. EDM currently supports a local microfinance organisation in Hanoi named Binh Minh. In January, I teamed up with Nathalie Miller to set up a new microfinance project in Dien Bien Phu, a project we call 'Chi Em'.

Wednesday, January 23, 2008

Dien Bien Phu: Client Training

We accompanied the first loan release with business training on simple accounting techniques and skills training for our clients. This skills training is an initiative that hires local entrepreneurs in Dien Bien province who share their skills as well as insights about starting small businesses in the region. Our first skills trainer was Tran Thi Le, a vegetable grower who presented to a small group of clients on the Sunday afternoon before loan appraisals. This was particularly effective because the local entrepreneur was attuned to the local environment and challenges that our clients will face. The clients felt inherently comfortable, as Mrs. Le spoke to them as a trustworthy neighbor. We presented Mrs. Le with an Entrepreneurs Certificate to hopefully increase her confidence as small business owner and encourage her to continue guiding our clients in their economic initiatives.

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