One Loan - Three Layers of Impact

(Baothanhhoa.vn) - On the journey of building and developing, Thanh Hoa Microfinance Institution (TCVM) has always made constant efforts to diversify products and optimize services to bring micro-loan capital closer to a large number of customers. Each micro-loan capital maximizes its effectiveness, creating 3 layers of sustainable impact: income, value and community; thereby contributing to opening the way for the future, together with customers writing beautiful stories in everyday life.

Thanh Hoa Microfinance Organization staff consults on loan documents and procedures for customers.

One of the most direct and powerful impacts that microfinance loans in general, and Thanh Hoa microfinance in particular, bring is income - a "ticket" to escape poverty. For poor, near-poor households and micro-enterprises, the opportunity to access loans from commercial banks is often very limited due to procedural and legal "barriers". Meanwhile, through the provision of "friendly and effective" financial and non-financial services - simple loan procedures, disbursement and collection of capital right at the locality, one-time loans and installment payments over many months, microfinance loans are considered the "key" to help poor, near-poor, low-income households and micro-enterprises open the door to escape poverty, develop the economy , and realize their dream of starting a business.

A loan from several million to several tens of million VND from Thanh Hoa Microfinance can help poor farmers boldly invest in plants and seeds to increase crops and expand livestock; a woman in a rural area opens a small grocery store or invests in sewing machines to have a job at home; a small trader in a rural market has more goods to quickly rotate capital, maintaining a stable cash flow... Although the loan amount is modest, when properly utilized, it will bring about clear results: Expanding the economic development model, the scale of the profession, increasing income, and stabilizing life. In particular, that loan source helps customers escape the vicious cycle, the "sweet trap" of "black credit".

Not only solving financial problems, TCVM loans from Thanh Hoa also give customers the opportunity to affirm their value and position in their family and society. Many women in rural areas who are only used to housework and depending on their husbands and children have now become the economic leaders of their families, small traders, micro-enterprise owners... thanks to TCVM loans. When they have loans and know how to manage their finances, they are more confident in making spending and investment decisions, orienting their future and pursuing their passions. This is the intangible spiritual and social value that a financial loan creates for customers.

The spread of microfinance loans in Thanh Hoa contributes to multiplying good stories about economic development, sustainable poverty reduction, and entrepreneurship. When many households have access to loans and manage them effectively, the local socio-economy is promoted; the spirit of solidarity and mutual support in the community is increasingly close, from common savings groups to production cooperation activities. Small loans create close community connections and linkages.

With more than 10 years of accompanying tens of thousands of customers, Thanh Hoa Microfinance Organization has affirmed the value, brand, strength and sustainability of humane financial tools, attracting a large number of customers to participate. By the end of July 2025, Thanh Hoa Microfinance Organization was providing financial services to 56,171 customers; 20,779 customers participated in loans, of which 90% of customers are women, 14% of customers are ethnic minorities.

Thanh Hoa Microfinance Bank’s loan capital is not only a “lever” to increase income, but also a “key” to open the door to escape poverty, a motivation for customers to rise up and affirm their self-worth and a catalyst for community development. In the context of many economic fluctuations, Thanh Hoa Microfinance Bank continues to act as a trusted companion to customers. Every dong of capital given today will contribute bricks to build the foundation for a self-reliant, equal and prosperous community in the future.

Article and photos: Hoang Linh

Source: https://baothanhhoa.vn/mot-dong-von-vay-ba-lop-tac-dong-260227.htm