Women's power in Phu Tho: Over 3,000 women receive support!

Women's power in Phu Tho: Over 3,000 women receive support!

Women's development in Vietnam is increasingly receiving support through various funds and initiatives. An outstanding example is the Poor Women's Support Fund, which recently presented a set of computers to the Ha Thach Municipality Women's Union. This step is intended to reduce the digital divide and support women in their economic development. The fund's mission is not only to provide funds, but also to improve living conditions and promote gender equality. Loud vietnam.vn In the first quarter of 2025, over 3,000 members and women will be supported in raising capital to improve family economies.

The fund was founded in 2012 with an initial capital of VND 500 million. From 2014 to 2018, he received VND15 billion in government support. The fund operates in 9 out of 13 districts and 17 municipalities and has now issued outstanding loans of over VND45 billion to 3,363 borrowers. The loans, which vary between VND10.5 million and VND50 million, enable many women to invest in production materials and improve their economic situation.

Diverse support for women

Supporting a variety of initiatives is part of the Fund's broader strategy. He organizes not only economic development activities, but also humanitarian projects. In the first quarter of 2025, the fund awarded a livelihood model for a “garment processing workshop” worth VND 10 million. He also coordinates training to improve production skills for over 300 women.

A particularly noteworthy program is the “Accompaniment of women in the border areas in 2025”, under which gifts worth VND 30 million were presented to women in difficult circumstances. Equipping communities without computers with training equipment is also part of the fund's commitment, which is particularly effective in disadvantaged regions of society.

Global perspectives for the advancement of women

At the global level, the Global Gender-Smart Fund (GGSF) also makes an important contribution to the financial inclusion of women. The fund was founded in 2009 by KfW, the International Finance Corporation (IFC) and the Austrian Development Bank. Based in Luxembourg, the GGSF focuses on financing banks and fintechs that support micro, small and medium-sized enterprises (MSMEs) in developing countries, with a focus on women-led businesses. This aims to promote economic development worldwide and strengthen gender equality, reports KfW Development Bank.

Microfinance is intended not only to promote growth, but also to create jobs and reduce poverty in emerging countries. The coalition of local and global initiatives demonstrates a committed commitment to supporting women both financially and socially, representing a significant step towards gender equality and economic empowerment.