Daring to Hope Again
When her marriage buckled under the pressures of poverty at 36 years old, Trang bravely carried on with her two daughters and a son. Earning between S$0.90 to S$1.18 a day from selling groceries, life was a struggle for the single mother with three kids.
While Vietnam has made significant progress in reducing poverty, children and families living in rural areas and among ethnic minorities are still trapped in poverty. In Tien Lu Area Development Programme, 30% – 40% of the population earn an average of less than S$30 a month.
Trang (story above) is one of many mothers in Tien Lu fighting for a better life for their children. There, up to 20% of children under the age of five are malnourished. Poverty-stricken mothers hoping to get loans to improve their lives face insurmountable roadblocks as banks refuse to lend to them.
Before World Vision phases out of Tien Lu Area Development Programme in 2020, we need your support so they can Dare to Hope Again. Empower them to move from “can’t” to “can”!
By investing in World Vision’s integrated economic livelihood interventions, you are giving more than just loans. You are enabling people to move up the economic ladder. Our goal is to see them being self-sustainable, able to support their children’s needs and give back to the community!
In 2016, World Vision’s MFU in Vietnam was accorded these awards by Citibank’s CitiFoundation for excellence in microfinance work:
– Outstanding Microfinance Institution
– Micro Entrepreneur of the Year
According to Singapore’s charity regulations, the total expenses incurred in a financial year must not exceed 30% of total donations. At World Vision Singapore, the total expenditure was 14.7% of total funds raised in FY17. As a result, 85.3% of our total donations were used for programmes that benefit children, families, and communities in need.