Micro Credits
Unlocking prosperity and breaking the chains of poverty, loan after loan.
Programs Overview
Mekong Plus is dedicated to transforming the lives of vulnerable communities in rural areas where traditional financial services often remain out of reach.
Poverty in these regions is exacerbated by the perception of agriculture as a high-risk sector, characterized by unpredictable production losses due to diseases and climate-related disasters like droughts and floods.
Many families struggle to make ends meet, with over 10% of villagers in Vietnam and 15-20% in Cambodia living on less than €1 a day.
Our Micro Credit program steps in with innovative training, support, and access to small loans ranging from €50 up to €400. These microloans provide a lifeline for those who find borrowing from banks too risky, as they fear losing their land and homes.
Our approach is to provide financial assistance that is both accessible and sustainable, fostering a path to economic stability and improved livelihoods.
Our Micro Credit Program
Mekong Plus adopts a comprehensive approach to microcredit, focusing on the following key steps:
Step 1
Visiting the Poorest Households
We engage in open and patient discussions with vulnerable families to build trust and identify their primary challenges. This process often involves single mothers facing various hardships.
Step 2
Finding Solutions Together
Before providing training and microcredit support, health and education issues are addressed, and there are no significant health issues. Health costs can often be a major contributor to poverty, so we guide families to spend wisely.
Step 3
Guiding Families
We encourage and educate families on low-cost, low-risk investments that yield rapid returns, such as small vegetable gardens or properly managed poultry farming.
