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Since the average income in Vietnam hovers somewhere around 4 to 600.00 US per year, it is very easy for anyone to get involved in Micro economicsWe try to stay in the 100.00 USD loan area but have been known to come up with several thousand dollars if the idea is worth the investment. Should the amount exceed 1,000.00 we turn them over to a banking institution, or seek private donors.
Our principle is the gathering of family members and assisting them in starting a business. We have a success rate of about 80%.
We take family members, have them pick a project, business or money making idea and present it in a very clear manner. Having done that, we try to give them an overview of the problems they might run into and suggest ways they might go about making money as well as helping others.
During the course of our travels and work in Vietnam, we come into contact with poor people who ask for help. We then send a team to talk to them about the help they need. If their help can be answered immediately, we do that, but then look toward long term solutions.
We purchase bicycles, stoves, tools, water pumps, sewing machines and the like for those who cannot put together enough funding to do so themselves. The loan is a permanent one. The family members are encouraged to keep track of the funds, pay back the money and then the same money, plus interest is available for the next loan the family wants to make.
This has been very effective and breaks the chain of poverty.
If you would like to adopt a family or family group, reverse poverty in their lives as well as introduce them to yourself through assistance, let us know. We can help you get to know them.
If you are a businessperson who wold like to begin international relations, no matter how small your business is, let us know and we will introduce you to a family you can help in micro economics.
I wonder if there is some way we cannot do more, but alas, we can only do what we can and strain to do more as time permits.
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