Enhancing TYM Fund to become a professional and stable financial organization
Mme Nguyen Thi Thanh Hoa-Member of Central Committee of Vietnam Communist Party, Vice President of VWU; Mrs. Ho Thi Quy- Affection Fund’s Director; Mr. Niclaus Bergmann; Klaus Remmer; Joerg Teumer representatives of Sparkasse Essen Bank presented at the signing ceremony.
Phase 2 of the project will be implemented from Jan 2007 till Dec 2008 which main purpose is to make Affection Fund to become a professional and stable financial institution, assure that women in rural area are able to approach various financial services, as well as increase women empowerment. Main activities of the project are supporting activities on technology and training with total budget of101.500 Euro.
If the project has a fruitful outcome, especially on the institutionalization of Affection Fund to become an authorized micro financial organization, Saving Banks Foundation for International Cooperation of Germany/ Sparkassen Saving Bank will consider phase 3 of the project./.