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Updated: 2016-08-04 10:37:52

Community Hygiene Output-Based Aid funded by the East Meets West Foundation

This project was funded by the East Meets West Foundation (EMW), in collaboration with the Vietnam Women's Union and VBSP through savings accounts for the poor and near-poor households who borrowed money from VBSP to build sanitation facility.

Expectedly, around 100,750 to 125,750 the poor and near-poor households will borrow money to build sanitation facility in 8 provinces: Hai Duong, Ninh Binh, Thanh Hoa, Ha Tinh, Quang Binh, Tien Giang, Dong Thap, Tra Vinh.

In 2013, the project has signed the memorandum of understanding and issued the guidance to implement the project to send to 8 project provinces.

As of 31 December 2014, the Vietnam Women's Union has transferred nearly 3.2 billion dongs to pay remuneration money to 5,764 households to build standardized sanitation facility.

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LENDING INTEREST RATE

Poor Households
Lending to poor households	6,6%/year
Lending to poor households in 64 poor districts as stipulated by the Government Resolution No.30a in 2008	3,3%/year
Near Poor Households
Lending to near poor households	7,92%/year
Students
Lending to disadvantaged students	6,6%/year
People in need of loans for job creation
Lending to business establishments owned by war invalids and handicapped persons	3,3%/year
Others...

DEPOSIT INTEREST RATE

Term	Deposit Rate
Overnight	3,04%/year
1 week	3,23%/year
2 week	3,5%/year
Others...