Posts Tagged ‘Vietnam’

IFC supports Energy Efficient Lending Facility for Vietnam’s SMEs

Microfinance Focus, May 31, 2010: International Finance Corporation (IFC) has recently collaborated with Vietnam’s Techcombank (VIETNAM Technological & Commercial Bank) to assist the bank in developing energy efficiency lending facility for local small and medium enterprises in the country. IFC will be providing $24 million and will mobilize $1 million from Earth Fund. Techcombank is committing $25 million to build a total portfolio of $50 ... Full story
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ADB, Japan provide $1.5 million grant to Vietnam’s Microfinance programs

Microfinance Focus, Oct. 6, 2009: The Asian Development Bank (ADB) and Japan will provide $1.5 million to Vietnam to help bring its unregulated microfinance programs into the formal sector, to boost services and provide increased financial support for the poor. The Japan Fund for Poverty Reduction, financed by the Government of Japan and administered by ADB, is extending the $1.5 million grant to help the Government ... Full story

10% in Asia-Pacific still suffering from acute poverty: ADB

10% in Asia-Pacific still suffering from acute poverty: ADB
Microfinance Focus, Sept 11, 2009: Extreme poverty affects at least 10 per cent of the population in many parts of the Asia and Pacific region, Asian Development Bank said in a report. Titled “The Key Indicators for Asia and the Pacific 2009”, the report lists 19 economies where more than 10 per cent of the population were living on less than $1.25 a day in the latest year for which data are available. Six of the 19 economies are from the former Soviet Union. Four of the five most populous countries are also included and the data is not available for Indonesia. Full story
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