Author: art rogers
Vietnam: Microfinance
Tuesday, January 29th, 2008 @ 12:01 am

Pictured above is the market at Sa Pa, a small town near Hanoi in the north of Vietnam. It is one of the things for which the region is most known. In the bottom, left of the picture is a woman selling the fruits of her family’s labors.
One of the reasons that we have been invited into Vietnam by the Communist Government is that Glocal Ventures and Northwood Church are firm believers in bettering the lives of the people to whom they are ministering. The Government really wants to help the people and we can be of assistance to them.
As a result, they are allowing outsiders who are willing to invest and make a real difference in the lives of the poor and the needy. Funny, that. It so happens that this is what Jesus often did and what we ought also to do. It convinced the masses to follow him and, I believe that it is still convincing the masses when done in His name.
One of the ways that we can do that is called Microfinance. In short, it is loaning what we would consider a small amount of money to people who are too poor to qualify for conventional loans. For a loan of $100, a family can begin to establish their own business, creating a product and selling it for a profit. We get paid back the money with a reasonable interest and they are able to lift their lives to something more stable and healthy.
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Church, General Christian, Missional, Vietnam



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