Van Lang Micro Credit Program

This is a concept based upon the previous Quang Binh Micro Credit Program.

The process of disbursing the Micro Credit loan is governed by the Administrative Committee of Van Lang Hamlet.

Van Lang is a small and remote hamlet in Thai Binh, Vietnam.

 It is composed of 5 elderly and trusted local members of the community.

The loan is released directly to the recipient, 500.00USD each, immediately after the end of a successful negotiation between the seller and the buyer of the cow, witnessed by the Committee. The borrowed amount is requested back to DUACT after 2 years.

The first phase has been successful, making way for the following phases, which will happen every three months.